For anyone who watches the pot stock market, they know that the past few months have definitely not been the kindest to the bulls. As we enter the latter half of November, it seems as though we are beginning to watch pot stocks climb once again. This is due to a variety of factors including the public perception of the substance and a general calming down of market volatility.
We should note that volatility is still very much in place in the cannabis stock market. With so many pot stocks to watch, finding one with the right amount of volatility for the specific investor can be a challenge at the time. It appears as though with the utmost research at hand, it can become much easier to deduce where the most value is hiding. Of course, there are no9 guarantees when it comes to investing in pot stocks. It is however, clear that the market is moving toward some of the future projections put in place. The hopes are high that we can continue to see gains moving into the near future and beyond.
A U.S. Pot Stock
Integrated Cannabis Company Inc. (ICNAF Stock Report) (ICAN Stock Report) is one of the leading cannabis branded products manufacturers currently based out of the U.S. market. The company operates in both California and Nevada, which represent two of the largest statewide markets in the nation. Because of their vast reach, the company has managed to gain a large amount of headway compared to other pot stocks. The company has stated that their mission is to make cannabis as safe and approachable as it can. They do this through the manufacturing of extremely high-quality products that deliver consistent experiences to those who use them.
The company recently provided a series of updates for their investors. This includes that their Ganja Gold subsidiary will now have their products available in over 275 dispensaries around California. This is a major step forward as it shows that they have the potential to become one of the larger players in the Californian market. Additionally, the company has stated that they are working on a large range of licensing opportunities. This includes several inside of Nevada and California as mentioned previously. Because of this, they remain a key pot stock to watch.
A Big Cannabis Player
Aurora Cannabis (ACB Stock Report) is considered to be one of the largest players in the pot stock market. The company has been working on a large series of acquisitions that should help them to delve deeper into the medicinal cannabis market.
With their most recent buyout of Whistler Medical Marijuana, the company looks as though they are maintaining their top position. Recently, they did see quite a large amount of their value go down alongside other popular pot stocks. This, however, seems like only a small speed bump on the way to success. Only time will tell how well Aurora Cannabis can do amidst all of the competition in the marijuana stock market.
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