The month of September has already brought with it some big shifts for the ever-changing market on pot stocks. With so many pot stocks to watch, finding certain ones with high amounts of value can often be a daunting task. One of the biggest positives about the marijuana stock industry is that the market continues to attract a new range of investors. These investors come from all around the stock market and are searching for value where it can be found. Anyone who watches pot stocks knows that the past few months have not been especially kind to certain pot stocks to watch.
This is due to a wide variety of factors including general volatility and a lot of uncertainties about the future of the industry. Pot stocks are notoriously volatile which is due to the infancy of the market. As pot stocks have only really been around for a few years at this point, we have yet to reach the cusp of the industry’s success. As we continue to barrel toward the future, the hopes are that we can continue to see large amounts of growth with pot stocks.
A CBD Pot Stock
Stillcanna Inc. (STIL Stock Report) (SCNNF Stock Report) is one of the leading pot stocks working out of the Canadian market. The company states that they are an early-stage life sciences company focused on the large scale extraction of various CBD distillates. They have been working to delve deeper into the European CBD and cannabis market as they now have intellectual property that allows them to extract CBD at a lower cost than most others. Additionally, the company has stated that they have several key agreements in Europe that allows them to move further into the future of the industry.
The company recently announced that its Polish extraction facility known as Nexus has had a large amount of success refining distillate products to an extremely potent level of purity. Jason Dussault, CEO of Stillcanna stated that “Stillcanna has always intended to define and refine the future of CBD. We continue to implement our mandate of volume manufacturing while deploying the highest standards of processing and products. Being able to produce such a high-quality product puts Stillcanna is a small and elite group of global manufacturers.” For this reason, they remain a key marijuana stock to watch.
A Canadian Pot Stock to Consider
Auxly Cannabis (CBWTF Stock Report) is one of the leading Canadian pot stocks that has remained under the radar for quite some time. The company has seen some heavy levels of volatility in the past few months, but this may be an attraction for some pot stock investors. The company has been working to delve deeper into the alternative product market in the pot stock industry.
This includes everything from edibles to vapes and more. Because Canada just legalized these substances for sale on the open market, it seems as though they could benefit greatly in this category. While investors should be skeptical about the company, they definitely remain an interesting pot stock to watch.
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