The current state of marijuana stocks is one with an increasing amount of positivity. This is due to the recent stability and gains that we have seen enter the industry. But, with so many different marijuana stocks to watch, how can we deduce which top player is the best choice? While there are several key factors that help to align one’s investment strategy with the right companies to watch. This includes a large amount of research for one and a steady understanding of what the market is doing in the present day.
Well, one may think that a company with a multi-billion valuation is one that can avoid volatility, this is not always the case. In fact, it can be quite the opposite. It seems as though the pot stocks at the top of the market are the ones that have seen the highest levels of fluctuations in the past few months. This is due to the infancy of the market among other factors.
Large fluctuations, however, can be a major positive for some investors. It allows for the potential of large, short term gains for those using swing trading. But, for those with less experience, it can often mean a high amount of potential for big losses as well. This really comes down to the experience of the individual investor as well as that investor’s strategy in the market.
A Big Marijuana Stock Player to Watch
Green Thumb Industries (GTBIF Stock Report) (GTI) is a pot stock with a market cap of around $1.9 billion. The company is a multi-state operator based out of the U.S. With 94 retail licenses spanning 12 states, the company looks like it could have some interesting growth potentially heard its way. Additionally, the company has stated that it has heavy plans to enter further into the Illinois market.
This would see the company moving to open around 10 dispensaries as that is the maximum it would be allowed to in the state. With the company moving fast to grow its consumer base and the physical locations it has, it looks like Green Thumb Industries is definitely an interesting pot stock to watch.
Another MSO Marijuana Stock With Interesting Prospects
Harvest Health and Recreation (HRVSF Stock Report) (HARV) is another key multi-state operator working out of the U.S. The company has stated that it has 210 retail licenses currently in its possession. 130 out of the total amount of licenses it holds, should allow it to move into around 18 states in the nation. This would make the company a major player in the cannabis retail market if it wasn’t already. 
The company has a market cap of around $1 billion which is quite substantial. But, it seems as though it needs to embark on some major growth plans in order to keep up with the biggest pot stocks in the industry. For now, though, the company seems to remain on investor’s radar as a pot stock to watch.
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