Cannabis Stocks Set To Turn Around Ahead Of Midterms?
The cannabis industry and marijuana stocks have created countless money-making opportunities over the years. With Canada’s fully legalized recreational market, this industry is about to enter a new phase of growth. But what Canada represents, more than a new market is an opportunity for big institutional money to come into play; the crazy part is that the US is still “the place to be” as we see a number of American companies listing on the Canadian exchanges this year. One Company could be cornering the California market ahead of midterms.
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Is the Latest Marijuana Stock Market Correction Signaling a Time to Buy?
The marijuana stock market has been no stranger to the various price corrections that have happened throughout the stock market, but has this recent bout of volatility signaled a time to get into the market with massive opportunity? Several stocks have begun to shine through amidst these fluctuating prices, and it appears as though they could become a bargain in the near future. The good news is that most of this doesn’t last longer than a few days, and hopefully, within that time, companies can begin once more to trade off of their intrinsic value rather than the speculative trading that is currently going on.
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The Start Of Something Big For One Cannabis Company?
It’s official: Canada joined the majority of states in the United States to welcome legalized recreational marijuana and has become the first G-7 country to give the green light to the adult use of cannabis. Lately, marijuana stock investors have been hyped up about the opening of Canada’s recreational marijuana industry and have seen this as a “changing of the guard” so to speak. But this industry event doesn’t mark the ending because, in our opinion, this could be just the beginning for one marijuana stock!
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