It seems that marijuana stocks in the last few days of trading have seen some nice upwards gains. Yet in more recent trading many marijuana stocks are seeing a pullback in the market. This could be due to…
the recent introduction of 2 pieces of cannabis legislation. Well for starters recently a defense bill was passed by the House. Attached to this defense bill was a cannabis banking measure. The SAFE Banking Act would protect banks and credit unions against federal regulators. Now this bill is off to the Senate. Another bill that on the 29th of September was being voted on by the House.
This particular bill would aim to legalize cannabis on a federal level. Now some of this pullback could be due to some uncertainty as to whether the House will pass this cannabis bill. Yet back in 2020 a similar bill was passed by the House but was shot down in the Senate. So with this current dip in trading opens up another chance to find top marijuana stocks to buy. Right now many investors are adding some of the cannabis stocks to their investment portfolios. This so they can be better prepared for the day the sector sees another significant jump in trading.
Furthermore, while most pot stocks still show to be a bit volatile outside of the market the industry is flourishing, Due to how inconsistent cannabis stocks have been trading identifying the best-performing companies as far as business is a good metric to use. Meaning when looking to buy cannabis stocks companies showing the most progress is a good way buying system to use. If a cannabis company is showing growth and is profitable you may want to invest in it. Below are a few cannabis stocks to watch for better trading.
Marijuana Stocks To Watch In 2021 For Better Trading
Harvest Health & Recreation Inc.
Harvest Health & Recreation Inc. together with its subsidiaries, cultivates, processes, sells and retails inhalable, ingestible, and topical cannabis products in the United States. In the last 4-6 weeks the company has released some important news updates. Back at the start of September
These terms involve regulatory approvals and the closing of the planned acquisition of Harvest by Trulieve Cannabis Corp. Next, the company announced on September 14th that it has opened its 12th Florida dispensary in Jacksonville. Following this release Harvest Health & Recreation has continued to open up more dispensaries and did so with its 13th Florida location in Kissimmee. Yet again Harvest Health & Recreation was able to open up another retail cannabis storefront in Port St. Lucie Florida.
Words From The Company On The Recent Update
“We are thrilled to open our fourteenth Harvest location in Florida, one of the fastest growing medical markets in the U.S.,” said Chief Executive Officer Steve White. “We look forward to serving patients and providing quality products at this new location in one of our core markets.”
Cansortium Inc. through its subsidiaries produces and sells medical cannabis in the United States. The company engages in cultivation, processing, retail, and distribution activities. In more recent news from the company back on…
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