How These Two Marijuana Stocks Can Compete Against Other Market Players
In the past few months, we have witnessed a dramatic amount of rebound in the cannabis industry. After December of last year, many leading marijuana stocks had declined by substantial percentage points. But, only a few months later, we are now seeing a massive amount of growth in some of the most popular marijuana stocks to watch. Although it can sometimes not be the best idea to only watch the big-name pot stocks, in this case, they have witnessed a majority of the market growth.
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If we look at most marijuana stocks in the industry, they have witnessed some type of growth in the past two months. This growth ranges from 40% at the low end to over 100% at the top end. This growth is not only suited to the cannabis industry, as the majority of the stock market has witnessed positive sentiment during that time period. Although the end of the second week of June was quite disappointing, the third week has gotten off to a great start. With that in mind, the hopes are that we can continue to witness market growth moving into the next few months and beyond.
Marijuana Stock To Watch: A Big Name Cannabis Retailer
Trulieve Cannabis (TCNNF Stock Report) is a marijuana stock that has shot up by over 110% since early April. Because of this, TCNNF stock has garnered quite a lot of attention. In that time, we have witnessed a major amount of growth in demand for cannabis. Because Trulieve has been able to keep up with the changing cannabis industry, it has been able to continue seeing growth in its share price. Although TCNNF stock can be quite volatile, the overall trend for that period has been quite positive. Most marijuana stocks to watch fluctuate heavily, but this should not be a deterrent for investors. 
Rather, it seems as though we could continue to witness growth in this area of the market. For those who don’t know, TCNNF stock has grown substantially due to Trulieve’s place in the cannabis industry. As an MSO, it is at the frontline of selling cannabis. As stated before, the heightened demand due to coronavirus has helped to continue giving Trulieve profits while most other companies have not seen the same growth. Of course, no one knows how long this demand will continue to rise. But, for now, it looks like Trulieve and the cannabis industry at large is on the right path.
A Promising Retail Marijuana Stock
Green Thumb Industries Inc. (GTBIF Stock Report) is in a similar spot to Trulieve. But, Green Thumb has a unique advantage. GTBIF stock has managed to continue growing due to several reasons. For one, the company operates in several unique markets such as the midwest. This has given GTBIF stock a true advantage over others. Since mid-March, GTBIF stock has shot up by over 120%. This is a heavy gain and again should not go unnoticed by investors. 
The real potential for Green Thumb comes as the presidential election is on the horizon. In addition to electing a new President, many states will also hopefully be legalizing cannabis. This means that Green Thumb could have some very solid markets to move into. The company has stated that it is working to move into several of these new potential markets if they are able to become legal ones. For this reason among others, Green Thumb continues to be touted as a marijuana stock to watch.
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