The future of pot stock is something that no one can truly predict. The only thing we know for sure is that there is a subject to be a large amount of growth for the forthcoming few years. Anyone who keeps a close eye on the pot stock market knows that the past few months have definitely not been the kindest to the industry. This is due to a large variety of factors including controversial news and the thought that many of the most popular pot stocks to watch are somewhat overvalued.
All of this, however, seems to be changing in the present day which seems to be another characteristic of the shifting marijuana stock market. This is due to the high volatility that has existed for quite some time in the industry. Volatility is a characteristic of most markets that are young and otherwise in their infancy. This means that as we move toward the future, we could see pot stock prices shifting much less than in the present day. Only time will tell, but for now, things continue to look up for the pot stock market.
Big Moves for This Key Pot Stock
Integrated Cannabis Company Inc. (ICNAF Stock Report) (ICAN Stock Report) is one of the leading branded cannabis products manufacturers currently working out of the California and Nevada market. The company states that its goal is to make cannabis products safe and approachable for those who wish to consume them. They do this through a careful and repeatable process of producing high-quality products that are able to deliver very consistent results to those who utilize them. The company’s key markets of both Nevada and California represent some of the largest in the world. This is a big part of the reason why so many believe that Integrated Cannabis is a key pot stock to watch.
The company recently announced that their wholly-owned subsidiary, Ganja Gold, has launched a new CBD based pre-roll for the California market. The pre-roll was created for those who wish to only utilize the large benefits of the CBD compound. These pre-rolls are seeing a large amount of popularity in the present day as some individuals just want to use CBD and not the substances psychoactive brother, THC. This launch continues to illustrate that the company is committed to invigorating the marijuana stock market with new and innovative products.
A Retailer Pot Stock
Planet 13 Holdings (PLNHF Stock news) is one of the leading retailers of marijuana throughout the industry. The company is currently working out of the Nevada market and specifically in Las Vegas, where they own a 112,000 square foot SuperStore. This appropriately titled venture has brought the company into the future as it is the largest of its kind.
Additionally, the company recently stated that they have plans to build a 40,000 square foot facility located just outside of Santa Ana, CA, near Disneyland. The hopes are that they can continue to build out the idea of canna-tourism as they continue to traverse the future of the industry. The company remains a key pot stock to watch moving forward.
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