While popularity may not be the best litmus test of a solid marijuana stock to watch, it can help to narrow down the list. With so many different cannabis stocks in the industry, finding the right one can be a challenging task. Within the cannabis industry, there are several different sub-sectors that all have different value points to them. Finding pot stocks based on popularity can be challenging, but the most popular cannabis stocks usually have the most information readily available to investors. Because of this, they can be an easy place to start a list of which pot stocks to watch. Although there are hundreds of cannabis stocks scattered across several trading markets, the ones with the market caps in the mid and high range are usually the safest bet in terms of liquidity.
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Often times the smaller pot stocks can have small volumes, which means that it may not be easy to buy or sell them when prices go up or down. Investors should make sure to check the volume before investing in a given company, as it can also help to show how many people are interested in the company. One of the most important factors about finding a pot stock to watch in the present day is what a company is doing to secure its future. Investors should be looking for a marijuana stock with a solid long term plan, as the coronavirus means definite short term uncertainty.
A Solid Ancillary Marijuana Stock to Watch
KushCo Holdings Inc. (KSHB Stock Report) is a popular marijuana stock that has transitioned its business model recently to help fit the future of the cannabis industry’s needs. The company began its life as a producer of high-grade packaging. Back when the cannabis market first started, regulations for packaging were quite stringent, and companies were not up to the task of producing their own packaging. But, KushCo quickly offered several solutions for this and was met with almost immediate success.
Since that time, the company has transitioned its business model to produce vaporizers, cannabis accessories, and marketing solutions to cannabis companies. Given that Canada only recently legalized the use of derivative products, it seems as though KushCo has yet to fully tap into the potential with this side of the industry. In addition, the company still provides other businesses with packaging and branding supplies which should help to keep it in the industry’s top tiers moving forward. Because of this, the company continues to be a marijuana stock to watch.
A Solid Opportunity For the Future of the Cannabis Industry
Trulieve Cannabis Corp. (TCNNF Stock Report) is one of the leading MSOs based out of the U.S. The company has been able to capitalize on the growth of the Florida marijuana market where it owns a handful of dispensaries. In the past month, the company has jumped by around 30% in value. This is quite a solid amount, especially given that so many other leading marijuana stocks have lost big during this same time period. Unlike other MSOs, the company has maintained a heavy focus on a singular market. 
With Florida only being medicinal at this point, Trulieve Cannabis has a major opportunity once the state goes fully recreational hopefully in the near future. But, the company will have to contend with the current issues of the coronavirus which means that it may have some short term difficulty. For now however, the company continues to present investors with a large amount of opportunity.
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
