After starting June off with some upward momentum some of the best cannabis stocks to invest in have given back most of the gains established in the first couple of weeks of the month.
In conjunction on the federal level, lawmakers continue to push for cannabis reform and we could see some positive results in the next few months.
Currently in the US mergers and acquisitions have continued to make the expansion of cannabis companies much faster in the past two years.
As many top marijuana stocks continue trading lower in the market and performing well for 2021, this could be time to add some of the top marijuana stocks to buy to your watchlist.
and its subsidiaries are a leading distributor and manufacturer in the US of hydroponics equipment and supplies for controlled environment agriculture.
One thing to take note of the company revised its full-year 2021 outlook to net sales growth of 30-40% and adjusted EBITDA of $36-$42 million.
At the present time, the stock looks like it’s been consolidating around these levels and could be building for a bounce higher.
At the present time, Ayr has 34 dispensaries in Florida and a total of 50 stores nationwide.
With this in mind, AYRWF stock could be one of the best cannabis stocks to add to your watchlist right now.