Best Cannabis stocks under $1 (2021)

Cannabis companies will see substantial revenue growth in 2021 as a full Democrat controlled Congress in the US will breathe life into the industry due to the expected Cannabis legalization being passed in 2021.

We are sharing our Best Cannabis stocks currently trading less than $1 in 2021.

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.

Trading at $0.69 as of January 14th 2021, 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/

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TILT Holdings Inc. (TLLTF)

Based in the US, Tilt helps cannabis businesses build brands by providing technology, hardware, cultivation and production. TILT’s core businesses include Jupiter Research, LLC, a wholly owned subsidiary and leader in the vaporization segment focused on hardware design, research, development and manufacturing; and cannabis operations Commonwealth Alternative Care, Inc. in Massachusetts and Standard Farms, LLC in Pennsylvania. TILT is headquartered in Phoenix, Arizona.

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Marijuana Company of America (MCOA)

Based in the US, MCOA  focuses on legal production, processing, and distribution of cannabis products. MCOA has faced steady decline of stock value throughout 2020, but the changing climate of US politics is a major catalyst for a company that is already established and operating in the US.

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GreenGro Technologies Inc (OTC: GRNH)

Based out of Southern California, GreenGro sells eco-friendly, green technology with a specific domain in expertise in an indoor and outdoor agricultural science system. Founded in 1996, GreenGro serves both the consumer and commercial farming markets.

This OTC stock has seen significant increase in attention and due to see a sharp increase in business with US legalization.

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CBD of Denver Inc (OTC: CBDD)

Based out of Denver, a full line CBD and Hemp Oil company is the only company to release a comprehensive CBD Social Network. The site has been active for 3 months and already has approximately 200 users and receives 1500-2000 hits a day.

They have reported a very successful Q4 and a recent agreement with a distributor in Switzerland.  This stock has received considerable attention on OTC and should see huge benefits with  US legalization in the near future.

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Grow Solutions Holdings Inc (OTC: GRSO)

Based out of Canada, Grow Solutions is working a different angle in the Cannabis industry. GRSO is developing artificial intelligence that can automatically measure crop health, detect growth patterns, and adjust environmental settings on the fly. 

This is a very interesting OTC play as the technology has potential to revolutionize the market if it is able to yield the results that it hopes for. The legalization in the US will only boost the visibility of a company like this, a huge influx of businesses into Cannabis will create competitors looking for an edge.

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** 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.

Leave a comment below and let us know your top cannabis stocks to watch into 2021!