Cannabis Countdown: Top 10 Marijuana Stock News Stories of the Week

Weekly Cannabis Stock News: Michigan Joins the Recreational Pot Party - The  Motley Fool

The Basic Principles Of Crashing pot stocks are flush with cash - Mint

g. new brick-and-mortar stores, e-commerce growth), lower legal market rates, and the introducing of new cannabis-derived items not available to the illegal market," Gomes stated. Recreational cannabis sales are predicted to represent simply over half the profits mix for the Canadian cannabis market at $3. 9 billion in 2021, however with more acceptance and the steady obliteration of the illegal market, Gomes forecasts leisure sales to represent 90.

Meanwhile, medical marijuana sales remain continuous throughout the decade at roughly $600 million annually. Gomes pays specific attention to business in referencing the significance of the market on certified manufacturers and merchants: Toronto-based independent merchant Fire and Flower (Fire and Flower Stock Quote, Chart, News TSX: FAF) and Calgary-based manufacturer High Tide Inc.

In his December 14 analysis accompanying the business's third quarter financial outcomes being released, Gomes saw Fire and Flower in a positive light with an "Outperform" ranking, paired with a target cost of $15/share and a projected 1 year return of 158 per cent at the time of his latest update on the business (December 14).

"We see FAF as one of the long-term winners in the Canadian retail area due to their partnership with Alimentation Couche-Tard, digital abilities, and strong capital position," Gomes stated. Meanwhile, in his October 20 analysis, Gomes kept in mind that High Tide had rotated its Canna Cabana stores to a discount rate club retail design, a relocation meant to enable High Tide to take on other Canadian worth brands.

Fascination About Cannabis Stocks - Barchart.com

Gomes offered HITI an "Outperform" score in his October 20 report and $13. 25 target for a predicted return at the time of 79 per cent. "For LPs, our thesis is that the Canadian market provides a big upside to the assessments of mid- and small-caps that perform well," Gomes said.

Investors in cannabis companies burned by stock-market losses in 2021 even  as the pot business grows - MarketWatch

Begin the New Year With Schaeffer's 7 FREE 2022 Stock Picks!

There is a lots of uncertainty in the investing world today. Initially,  A Good Read -new COVID-19 pressures have turned into an ever-present threat to the entire economy. Second, numerous companies are still fighting with supply chain problems. Finally, experts expect rates of interest to rise at any minute. However, in spite of all of this turmoil, a few companies have started the season off strong.

Let's take a look at a few of these top trending stocks and see why investors are delighted about them.