Top Marijuana Stocks In The Market Today
Many feel finding top marijuana stocks to buy is not the best choice, mainly due to fears about the future of the cannabis industry surrounding longevity and reform. Right now cannabis is still federally illegal even with most of the USA and some global regions having legal markets in place. The industry’s growth is still fueling the hope of the public sector.
On some days there are moments where the momentum starts to build. Now this can be due to news on a company or reform but having to do with the sector. There is too much motion to turn back and shut legal cannabis down, especially with corporate companies taking an interest along with various political figures. So at this moment, marijuana stocks may not be showing the best trading it’s more so the future of the industry that people should see the opportunity.
With as much ground that has been covered for legal cannabis, there is much more to go. Lots more obstacles to get over and with the continued push to keep legal cannabis alive things are shaping up to be a profitable future. Like all new things, it takes time to adjust build, and progress towards a more efficient and profitable sector as a whole. Below are several marijuana stocks to watch this week.
Top Marijuana Stocks For Your Portfolio
- Trulieve Cannabis Corp. (OTC:TCNFF)
- Green Thumb Industries Inc. (OTC:GTBIF)
- Jushi Holdings Inc. (OTC:JUSHF)
Trulieve Cannabis Corp.
Trulieve Cannabis Corp., together with its subsidiaries, operates as a cannabis retailer. The company cultivates, processes, and manufactures cannabis products and distributes its products to its dispensaries, as well as through home delivery.
This past week the company was able to see a small jump in trading. From November 11th to the close on Friday the 15th TCNNF stock went from just above $5.55 to $6.80. Not a bad move considering all the volatile trading the company has faced.
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Green Thumb Industries Inc.
Green Thumb Industries Inc. manufactures, distributes, markets, and sells of cannabis products for medical and adult use in the United States. It operates through two segments, Retail and Consumer Packaged Goods. In the last week or so GTBIF stock has been building momentum and has seen a nice rise in stock price.
If you look at GTBIF stock chart you will see from the 11th to the 15th of November the company went from $7.80 to $9.62. This represents a 23% percent gain for the company and some shareholders were able to take their profits as well.
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Jushi Holdings Inc.
Jushi Holdings Inc., a vertically integrated cannabis company, engages in the cultivation, processing, retail, and distribution of cannabis for medical and adult-use markets. JUSHF stock was another company that was able to feel the upward trend that took place this past week.
JUSF Stock was able to see a 60 percent jump in trading. This helped show shareholders that even in a volatile sector gains can be made. JUSH stock at this time went from 0.270 and closed at 0.445 on the 15th of November.
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