In general, better market sentiment and the possibility of federal cannabis reform have given investors more interest in the best cannabis stocks.
At the beginning of 2021, the top cannabis penny stocks delivered the most gains in January and February when the market rallied.
But before investing in pot socks there are a few things to get familiar with about this part of the cannabis sector.
As more cannabis companies start trading in the stock market investors may find some of the best gains from this area of the market.
As an investor doing your due diligence on a company is very important, this can help you establish the best position for your investments.
Officially called The Parent Company, TPCO is made up of direct-to-consumer platform Caliva, and hemp manufacturer Left Coast Ventures.
In its latest earnings, TPCO delivered the first quarter of 2021 results with consolidated net sales of $39.9 million and adjusted net sales of $46 million.
For this reason, GRAMF stock could be a top marijuana stock to add to your watchlist before next week.
Known previously as Indus Holdings, Lowell Farms Inc, recently completed the corporate name change in March after the acquisition of Lowell Farms. As a California-based cannabis company with advanced production capabilities the company grows artisan craft cannabis and built a portfolio of award-winning licensed brands.
With this in mind, LOWLF stock could be a top marijuana penny stock to add to your watchlist in June.