Are you looking for ways to invest in marijuana stocks for July? Last week many leading cannabis stocks began to climb higher in the market.
According to a new report from Statista US sales of legal recreational cannabis are expected to reach an estimated $42 billion by 2026.
At the present time most, top Canadian companies have established some form of entry into the US cannabis market once it’s federally legal.
After reaching new highs in February the best Canadian marijuana stocks to buy have also taken the deepest declines in recent months.
Next week top marijuana stocks could continue to see some upside here are some of the best Canadian marijuana stocks to watch right now.
As Canada eases lockdowns further Canadian cannabis companies are growing through acquisitions and establishing entry into the US market.
In February CGC stock reached a high of $56.50 and has climbed 7.14% in the past five trading days.
In its latest earnings report, Tilray missed its earnings estimates and took a significant hit in market value along with the rest of the Canadian sector.
With this in mind, TLRY stock could be a Canadian marijuana stock to add to your watchlist to close out June.