This Cannabis Stock is up 130% in 2021 – More to Come?

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The cannabis sector has been trapped in a nasty bear market in 2021.

The Advisor Shares US Cannabis ETF (MSOS) is down 12% on the year and 40% from the 52-week high.

However, while the broader cannabis sector has struggled, one fast-growing cannabis company has been jumping higher. In fact, this stock is up 130% in 2021, making it one of the best performing cannabis stocks of the year. Continue reading “This Cannabis Stock is up 130% in 2021 – More to Come?”

$1.1 Billion Play on New York Cannabis Ready to Go Public?

Cannabis Background

A new cannabis IPO is coming down the pike. This company is about to go public and it presents a big opportunity for investors.

Not only is this company one of the largest in the U.S., but the company also managed to land a $110 million investment from a Canadian cannabis powerhouse.

This company filed paperwork to go public this fall, and if all goes well, it could be one of the most exciting cannabis industry events of the year. Continue reading “$1.1 Billion Play on New York Cannabis Ready to Go Public?”

U.S Cannabis Sales Surging – Why Aren’t Shares Responding?

Second-quarter earnings season is almost over. The big winner? The U.S. cannabis industry.

Some of the largest U.S. cannabis companies just reported another quarter of incredible sales growth. In fact, I don’t know of any other sector that is growing this fast. Here is a list of the best reports.

  • Ascend Wellness (OTC: AAWH) revenue was up 236% from last year.
  • Curaleaf Holdings (OTC: CURLF) revenue was up 166% from last year.
  • Green Thumb Industries (OTC: GTBIF) revenue was up 85% from last year.
  • Harvest Health and Recreation (OTC: HRVSF) revenue was up 84% from last year.

With these kinds of results, you would think shares would be surging. However, the cannabis sector remains trapped in a bear market. Continue reading “U.S Cannabis Sales Surging – Why Aren’t Shares Responding?”