The marijuana stock market has seen a lot of changes in the past few months. From new laws going into place to a shifting consumer base, marijuana stocks seem to be the thing of the future. Attention in the industry has only been paid to a few companies at the top of the industry. Despite this, there is a large amount of opportunity around the whole of the pot stock market. With so much changing in the industry in the present day, now seems like more of a time than ever to take a first or second look at cannabis stocks.
What’s the Big Deal With Marijuana Stocks
Marijuana stocks seem to be the talk of the town. With so much information spreading, it can be difficult to deduce the right companies to choose to invest in. With that in mind, there are some companies that have continuously illustrated high amounts of value.
This is in terms of both innovation and their commitment to moving the market forward. These companies represent the peak of the industry, and where it is headed in the coming future.
Marijuana Stocks to Watch
Village Farms International (NASDAQ:VFF) is considered to be one of the larger growers in the market. The pot stock started out as a grower of food and vegetable products but quickly began to get into the weed industry. After a partnership with Emerald Health Therapeutics (NASDAQOTH:EMHTF), the company moved toward large production in around 1.03 million square foot of grow space.
The company should be able to add another million or so square foot of grow space. Village Farms is projected to produce as much as 150,000 kilograms of cannabis when operating at full potential. For a marijuana stock, this is quite a large amount. Pot stock investors should continue to watch Village Farms International moving into the near future.
A Play for the Florida Medicinal Marijuana Stock Market
Liberty Health Sciences (NASDAQOTH:LHSIF) is a company that has been working out of the pot stock market in Florida. With Florida moving toward a more than billion dollar industry, the potential seems to be huge. Florida is still a medicinal marijuana market only which means that there could be potential for an even larger industry in the near future.
One of the things to note is that the company is down around 60% for the past eight months, but they have made a shift recently that could potentially change that. The company is moving toward opening a large amount of retail stores in Florida. This could potentially pay off for them. As they continue to traverse the marijuana stock market, Liberty Health Sciences remains a strong play for pot stocks overall.