Marijuana stocks are undoubtedly on the upswing in 2021 with a setup to be a power play heading into the next several months. The US is slated to vote on legalization by mid year and is expected to pass with full Democrat control in Congress.
Here is our list of Cannabis stocks that have massive potential in 2021 (Updated January 2021)
Cronos Group Inc. (NASDAQ: CRON)
Based out of Toronto, Cronos Group has international production and distribution across five continents. The company portfolio includes PEACE NATURALS™, a global wellness platform, two adult-use brands, COVE™ and Spinach™, and three hemp-derived CBD brands, Lord Jones™, Happy Dance™ and PEACE+™
52 Wk High
$9.37
Avg Vol
5.9m
Earnings Date
TBA
Sundial Growers Inc. (NASDAQ: SNDL)
Sundial has parabolic potential in 2021, but with this comes a higher level of risk considering there is still some uncertainty with the listing. The recent elimination of its outstanding debt, partnership with Choklat cannabis chocolates, and strategic partnerships with Solventless Concentrates are indicators of the company moving in the right direction.
This is one to watch closely in 2021.
Is Sundial Growers a good buy?
https://listblender.com/2021/01/11/is-sundial-growers-sndl-a-good-buy/
52 Wk High
$3.88
Avg Vol
266m
Earnings Date
Expected March 30
Trulieve Cannabis Corp. (OTC: TCNNF)
Based out of Florida, Trulieve’s vertically-integrated “seed-to-sale” operation has approximately 51% of the Florida market. The Company has 66 stores in Florida, and 71 nationwide, with more growth ahead. Trulieve will certainly see increases across all fronts with legalization in the US.
52 Wk High
$40.50
Avg Vol
450K
Earnings Date
TBA
The Cannabis ETF (NYSE: THCX)
Comprised of more than 30 holdings, THCX is a great play for Cannabis investors who want to limit their exposure and get their feet wet in the MJ sector. The fund consists of some of the most popular Cannabis stocks including: GrowGeneration (GRWG), Aphria (APHA), Canopy Growth Corp (CGC), Cronos (CRON), Tilray (TLRY).
52 Wk High
$15.83
Avg Vol
133K
Earnings Date
N/A
Global X Cannabis ETF (NASDAQ: POTX)
The Global X Cannabis ETF is one of the least expensive funds in Marijuana space. It is made up of 18 stocks of mainly Canadian marijuana companies including Aurora Cannabis (ACB), Aphria (APHA), Cronos Group (CRON), Tilray (TLRY), Canopy Growth Corp (CGC), Hexo Corp (HEXO), and more.
52 Wk High
$17.48
Avg Vol
139K
Earnings Date
N/A
Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM)
Based out of California, Hydrofarm manufactures and distributes Hydroponics to companies in the US. This is a very interesting play as it should yield significant organic growth throughout 2021 with US legalization on deck.
52 Wk High
$76.98
Avg Vol
808K
Earnings Date
TBA
Tilray, Inc. (NASDAQ: TLRY)
Tilray is a Canadian company focusing on cannabis research, cultivation, processing and distribution. Tilray and Aphria combined forced mid December to create the largest global cannabis company in the world with a focus on cost savings and profitability.
52 Wk High
$22.95
Avg Vol
21.7m
Earnings Date
TBA
Curaleaf Holdings, Inc. (OTC: CURLF)
Based in the US, Curaleaf focuses on the production and distribution of Cannabis products throughout the US operating more than 20 dispensaries with wide range of products including: vapes, concentrates, edibles, topical, oral, and pet products.
52 Wk High
$15.02
Avg Vol
1.2m
Earnings Date
TBA
Green Thumb Industries Inc. (OTC: GTBIF)
Based out of Chicago, Green Thumb is a national cannabis consumer packaged goods company and retailer. Green Thumb manufactures and distributes a portfolio of branded cannabis products including Beboe, Dogwalkers, Dr. Solomon’s, incredibles, Rythm and The Feel Collection.
52 Wk High
$28.50
Avg Vol
566K
Earnings Date
TBA
Silver Spike Acquisition Corp. (NASDAQ: SSPK)
Based in the US, Silver Spike Acquisition is valued over 1.5B and aims to be the leading, institutional quality provider of equity and debt capital to the burgeoning plant based and alternative health & wellness industry.
They have gained significant attention over the last 6 months with recent talks about bringing WM Holding Company to the market who is responsible for the Cannabis platform Weedmaps.
52 Wk High
$17.68
Avg Vol
1.1m
Earnings Date
TBA
Related Articles
Top 5 EV stocks in 2021
https://listblender.com/2021/01/09/top-5-ev-stocks-to-buy-right-now-jan-2021/
Top 5 SPACs to buy in 2021
https://listblender.com/2021/01/14/top-5-spacs-to-buy-in-2021/
Top 5 Cannabis stocks in 2021
https://listblender.com/2020/12/29/top-5-cannabis-stocks-for-2021/
Top 5 OTC Cannabis stocks in 2021
https://listblender.com/2021/01/06/top-5-otc-cannabis-stocks-in-2021/
** Our content is intended to be used for informational purposes only. It is imperative that you do your own research and analysis before making any investment. Always consult with a professional or your financial adviser before making an investment decision.
Let us know if we missed some of your favorite Cannabis Stocks for 2021!
Greetings from Colorado! I’m bored at work so I decided to check out your blog on my iphone during lunch break. I enjoy the knowledge you provide here and can’t wait to take a look when I get home. I’m amazed at how quick your blog loaded on my phone .. I’m not even using WIFI, just 3G .. Anyways, fantastic blog!
Thank you, I’ve just been looking for information about this subject for ages and yours is the greatest I have discovered till now. But, what about the bottom line? Are you sure about the source?
Fairly great brief description. keep up the fantastic work.
It is actually a great and helpful piece of info. I am satisfied that you just shared this helpful info with us. Please stay us up to date like this. Thank you for sharing.
Wonderful post but I was wanting to know if you could write a litte more on this topic? I’d be very grateful if you could elaborate a little bit more. Cheers!
Keep working ,terrific job!
You sound like me! Wow!
fantastic points altogether, you simply gained a brand new reader. What would you recommend about your post that you made a few days ago? Any positive?
Hey There. I discovered your weblog using msn. This is a really well written article. I will be sure to bookmark it and return to learn extra of your helpful info. Thank you for the post.
Really Appreciate this article, is there any way I can receive an email whenever you publish a new update?
magnificent post, very informative. I wonder why the other experts of this sector do not notice this. You should continue your writing. I’m sure, you’ve a great readers’ base already!
This is a topic which is near to my heart… Many thanks!
Where are your contact details though?
Thanks very nice blog!
I gotta bookmark this web site it seems very helpful extremely helpful
Excellent website. Plenty of useful info here. I am sending it to a few friends ans also sharing in delicious. And certainly, thanks for your sweat!
WONDERFUL Post.thanks for share.
I don’t know why but I’m loving all of this !!