marijuana stocks to buy now

Can Pot Stocks Start A Recovery This Month?

In the past year or so, we have seen some major downtrends in marijuana stocks. This is due to a variety of factors including bad news hitting the industry. Additionally, there’s been a flurry of legislative challenges too. With all eyes on the new year, many have turned their heads back to Canada to see what’s in store.

One of the largest changes going on right now is that Canada is shifting its legislation for the positive. This means that the industry could completely reshape itself in the near future. Recently, Canada legalized the use of vapes, edibles, and infused products.

[Read More] Marijuana Stocks To Watch Before The End Of The Year

Prior to this, the only legal products allowed were dried flowers, sprays, and oils. This left a lot to be desired for the industry and those who utilize it. What the country realized though, is that they are impeding the growth of the market by not allowing a large number of products into the industry.

Large Cap Marijuana Stocks To Buy (or avoid) Before 2020: Aurora Cannabis

Aurora Cannabis (ACB Stock Report) is widely regarded as one of the largest pot stocks in the market. The company had quite a rough time so far this year. It has also met mounting competition in the Canadian market. Aurora has consistently missed deadlines for a large amount of the facilities that it has worked to build. One of the areas where Aurora has succeeded is the amount of production going on.

top marijuana stocks 2019 Aurora ACB

Aurora Cannabis has stated that they have the capacity of around 700,000 kilograms when operating at their peak. This is quite a substantial amount of cannabis and puts Aurora in the top tier of growers. If we look at marijuana as a commodity, we can assume that the company may see some growth in the coming future.

Read More

Right now, the market is heavily dominated by speculation in order to have true value to determine share price. As Aurora is a leader in the industry, it could continue to be a marijuana stock to watch; but maybe just to watch at this point.

Large Cap Marijuana Stocks To Buy (or avoid) Before 2020: Canopy Growth (CGC)

Canopy Growth (CGC Stock Report) is another big pot stock in the industry. The company has stated that it has the capacity to grow as much as 500,000 kilograms of cannabis per year. This means that Canopy owns a significant amount of the market share. The company has not been able to delve deep enough into the aspects of the market that could propel the company further. This could be things such as CBD or infused beverages.

CGC marijuana stocksAfter receiving a massive investment, Canopy mostly has remained unchanged at the current point in time. Many believe that the company could begin to shape up in the near future. But right now it is a guessing game. With its large market share, Canopy does remain one of the leaders in the industry.

The company recently revealed its Cannabis 2.0 product line. This comes just in time for the December 16th date when new product formats can start retailing in Canada.  Canopy expects the products to hit shelves by early 2020. Can this help boost sentiment around CGC stock?

MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 |
Leave a Reply

Your email address will not be published.

You May Also Like

Arkansas Now Has Two Medical Cannabis Bills on November’s Ballot

Arkansas authorities validated two separate therapeutic cannabis measure for the state’s November…