Last year I already wrote about the best marijuana stocks to watch in January 2015. This year the situation is similar. There are two stocks that I think you need to watch in April. Both are small companies with a promising short term outlook. The first one is a new IPO. The other is a public company that already achieved a market capitalization of $50M. Both are marijuana stocks.
There are a lot of different marijuana stocks, and they each have their own unique characteristics that can make them great investments. Some have a strong balance sheet, others have unique technologies, and some have great management teams. The point is that even if a stock you’re considering doesn’t meet all of your criteria, it may still be a great investment.
Two Marijuana Stocks To Watch This Month Are You Ready To Invest? The U.S. is ready to legalize marijuana, but not for recreational use. In fact, it is unlikely there will be any retail stores selling legal pot by this September. These days, many marijuana stocks are feeling the effects of the uncertainty around the legalization process.. Read more about cheap stocks to buy today and let us know what you think.
Will these marijuana stocks be growth leaders in June?
So far, marijuana stocks have done well in the first week of trading in June. Although it is still early in the new month, momentum seems to be building. During the downward trend of recent months, people have been looking for the best marijuana stocks to buy. Now shareholders will have to wait for cannabis stocks to keep rising. That’s because investors were buying stocks at cheap entry points, but those cannabis stocks were falling even more. This now makes people even more skeptical about investing in cannabis stocks. Just as shareholders now have to wait for a sufficiently strong recovery before they can make a decent profit. Nevertheless, analysts are hopeful that marijuana stock trading will increase as the cannabis industry grows. As the sector continues to grow, some cannabis stocks remain strong entry points. Essentially, this means that although the industry is growing, there is still time to find great marijuana stocks to buy. The cannabis industry is expected to have a future of continued growth and innovation. With improved cannabis legislation, some believe this will be the missing ingredient for the industry to reach its full potential. This means that when more legal states create their own cannabis market, there is a chance for greater economic stability. Moreover, with the possibility of reform at the national level, some agreements that were previously illegal throughout the country can now be implemented. Significant progress has been made between November 2020 and June 2021. More than half of the United States now has a legal cannabis market. And leaders are fighting for the legalization of marijuana at the federal level in hopes of this year.
Marijuana values to keep an eye on this week
- Jushi Holdings Inc. (OTC:JUSHF)
- Village Farm Inc. (NASDAQ:VFF)
Jushi Holdings Inc.
Jushi Holdings Inc. continues to be one of the many marijuana stocks that strive to improve their business. Even after falling in February, JUSHF shares showed high volatility in the market through April. Shortly after the beginning of May, JUSHF shares began to fall further in the market. From that point on, it was hard for Jushi to regain its momentum. The volume of transactions rose slightly in May, but not sustainably. Currently, JUSHF stock is still struggling to improve its overall market position in June. However, with the start of the new month, we can expect the company to recover in June. I heard that the company released its first quarter financial results. During the period, Jushi Holdings generated total revenues of $41.7 million, up 29.0% from the same period last year. In addition, Jushi had an adjusted EBITDA1 of $3.0 million.
During the first quarter of 2021, we continued to deliver strong operational and financial performance, said Jim Cacioppo, Jushi’s CEO, President and Founder. We achieved a significant increase in revenue and gross margin in the first quarter and recorded positive adjusted EBITDA for the third consecutive quarter. We also strengthened our balance sheet with two successful equity transactions that generated gross proceeds of approximately $86 million.
Village Farm Inc.
Village Farm Inc. is one of the largest and oldest greenhouse farming companies in North America. The company has years of experience with large-scale, low-cost intensive farming. They do this as a vertically integrated product supplier. The goal is to seek out high-quality, high-growth opportunities for plant-based consumer products in the cannabis industry. The company was one of the few cannabis stocks to rally better than others last month. During the first week of May, the VVF share even outperformed the market at the end of the month. Right after the 10th. In May, however, the VVF share began to fall even more sharply. Since then, the VVF share has slowly started to regain its lost momentum. From 12. From May to 28. In May, VAW’s share increased by another 23%. If we consider the period of 12. Since May, VAW’s shares are up 34%. This is an encouraging sign for some investors and shareholders who believe that VFF stock has the potential to maintain its current trading momentum. However, due to the volatility and unpredictability of cannabis stock trading, there is no concrete way to know how long this upward movement will continue. In recent news, Village Farm announced that the Toronto Stock Exchange has accepted the letter of intent filed by the company to issue a regular issue bid.
Words of the Director-General
Die Implementierung dieses NCIB spiegelt in keiner Weise eine Änderung der Pläne oder Wachstumsmöglichkeiten von Village Farms wider, sondern bietet dem Unternehmen lediglich eine potenziell attraktive Möglichkeit, einen Teil des vorhandenen Kapitals umsichtig einzusetzen, so Michael DeGiglio, CEO von Village Farms.Marijuana stocks are hot these days, but which ones to invest in? To find out which marijuana stocks to watch this month, let’s take a look at the financial and legal aspects of the industry and see if we can find an investment opportunity.. Read more about marijuanastocks.com reviews and let us know what you think.
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