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These Marijuana Stocks May Be The Winners You Have Been Looking For

2 Marijuana Stocks That May See Bigger Gains In 2021

Are These Cannabis Stocks The Right Investment For You?

When looking for the best marijuana stocks to buy how can you be sure you are picking a winner. From mid-2020 many new investors have been jumping on the cannabis train. Yet some just buy cannabis stocks without actually knowing about them. Some cannabis companies have issues with operations and other business issues. The more logical move would be to find marijuana stocks that have a good business foundation and a well-run operation that shows long-term growth.

This may take some time as companies that are not so good from a business stance can have good days of trading. However overall these companies may not be the best investment to add to your portfolio. So as investors continue to pour money into the cannabis sector how can they limit their risk to see the best return? Well, first any time someone invests money into anything it’s always a risk no matter how big or small. Next, you want to learn about the cannabis industry and the companies you are looking to invest in. This will give you a clearer understanding of whether it’s a better long or short-term investment.

With marijuana stocks trading in a volatile market there is a lot of price fluctuation which can play in the favor of investors. If a particular cannabis stock starts to dip it may present a good buying opportunity before rising back up. Also with the cannabis sector finding renewed interest from investors marijuana stocks have begun to trade with more momentum. As things, progress with the cannabis industry 2021 may shape up to be a solid year of growth overall. Below are 2 marijuana stocks to watch that may end up in more investment portfolios as cannabis stocks continue to find more momentum.

Marijuana Stocks To Watch In 2021

  1. Jushi Holdings Inc. (OTC:JUSHF)
  2. Cronos Group Inc. (NASDAQ:CRON)

Jushi Holdings Inc.

Jushi Holdings Inc. since mid-2020 has been able to find a solid upward push of momentum. The company has found a great deal of investor interest. If you were lucky enough to hold on to shares from 2020 you would be up a great deal in 2021. Much of this increase in trading came from more states going legal and overall cannabis legislation. Not to mention the increase in cannabis demand due to the pandemic. Since August JUSHF stock has been on an upward trend with small moments of volatility.

August 3rd to September 14th JUSHF stock reached gains of 21 percent. Pushing forward the rest of September JUSHF stock shot up by 12 percent which added more gains to shareholder’s portfolios. As October came around during that time the company was able to see more gains and had a 5 percent increase in trading for the month. In November the companies trading was a bit more volatile but was still able to push up in trading. JUSHF stock fluctuated in price during November but was able to see a total gain of 31 percent for that time.

Final Thoughts On JUSHF Stock

Like many pot stocks, late 2020 was the influx in trading as the market was recovering from March lows. In December JUSHF was able to once again sustain its upward push in the market. In the first 2 weeks of December JUSHF stock reached gains of 6 percent which was a small push but over time add up to bigger returns. From January to February JUSHF stock has seen a 17 percent increase in trading. Also during this JUSHF stock hit new all-time highs which shows why this may be a marijuana stock to watch right now.

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Cronos Group Inc.

Cronos Group Inc. is known as one of Cannada’s more popular cannabis stocks. Since back in November the company has been picking up more market momentum. Although the company has seen better days of trading back in 2019 CRON stock has still had moments of profitable trading. November 2nd to the 6th CRON stock reached gains of 24 percent.

Yet from this point there was a small dip which ultimately CRON stock recovered and was able to close the rest of November with a nice upward push. As trading in December came CRON stock had a bit of downtrend the whole month. Eventually, CRON would recover at the start of the new year as 2021 brought some much-needed momentum for marijuana stocks. In the first 2 weeks of the new year, CRON stock saw gains of 43 percent. This bounce from lows in December shows that the company still has growth potential.

Furthermore for the whole month of January CRON closed it with a 36 percent increase in trading. Due to Canada having issues with its legal market some Canadian cannabis stocks were not performing well. Yet now that things are starting to pick up in cannabis demand this has added to Canadian cannabis stocks picking up more momentum. Currently in February CRON stock is up 16 percent in trading. As things push forward some investors feel Cronos Group Inc. is still a marijuana stock to watch in 2021.

By J. Phillip

Coming from Miami FL, Jonathan Phillip or (J. Phillip) is a social media marketer and currently head of PR and social media management for MarijuanaStocks.com. When working with clients in various sectors Jonathan will use his expertise and knowledge to make sure the correct audience is viewing and engaging with your content product or service. Jonathan is a self-taught marketer and entrepreneur learning from the best and sharpening his skills with each project.

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