2020 turned out to be an incredible year for cannabis stocks.
After falling sharply in 2019, the sector was hit hard again in the spring when COVID-19 ravaged global markets. Cannabis stocks and sentiment hit a multi-year low, and many cannabis investors threw in the towel.
But cannabis stocks followed a pattern like we’ve seen many times before on Wall Street. Extreme pessimism sets the stage for an enormous rally.
This week’s newsletter will cover three profit triggers that could continue to push cannabis stocks higher in 2021.
About Cannabis Stock Trades
Legal Cannabis is the fastest growing industry in North America. While this is creating a huge opportunity, it is also creating a problem. It is difficult for investors to find reliable information on the cannabis industry and the small group of hidden companies cashing in on this explosive trend. Cannabis Stock Trades solves this problem.
Michael Vodicka Cannabis Stock Trader
Michael Vodicka is a globally syndicated equity analyst with more than 20 years of experience in trading and investing. His research has been featured in some of the industry’s most respected publications. He has been investing and leading investors in the cannabis sector since 2013.