Are you looking for ways to invest in marijuana stocks in 2021? In the first week of May, most top marijuana stocks showed some upward momentum early in the week.
Currently in the US 38 states and Washington DC have medical marijuana programs with 17 of those states having recreational adult use.
Many investors want to gain exposure to the cannabis market but before investing there are a few things to get familiar with about top pot stocks in 2021.
In general, researching a company’s finances and studying how a stock performs in the market are good ways to give yourself the best investment possible.
American cannabis companies have shown a substantial amount of revenue growth that many companies expect to continue seeing in 2021 according to their guidance.
In Arizona, cannabis sales could double in 2021 with the addition of the recreational market and the company is well-positioned there with 15 dispensaries.
For this reason, HRVSF stock could be one of the top US cannabis stocks to add to your watchlist for next week.
As one of the first US MSOs to expand into the European cannabis industry with the $286 million acquisition of Emmac Life Sciences Limited the company can see growth on many fronts.
With this in mind, CURLF stock could be one of the best cannabis stocks to invest in for May.
In regard to Virginia, the company acquired one of five vertical licenses in the state including a production facility and retail location.
At the present time, GTBIF stock is up 27.84% year to date and closed on May 7th at $31.32 per share.