Cannabis investing news: Is this the marijuana stock to own in 2018?

Aurora Cannabis, Other Marijuana Stocks, Fall Amid Industry's Latest  International Pullback - Investor's Business Daily

The Main Principles Of Are Any Marijuana Stocks On U.SExchanges Buys Amid

g. brand-new brick-and-mortar shops, e-commerce growth), lower legal market prices, and the introducing of brand-new cannabis-derived items not available to the illegal market," Gomes said. Recreational cannabis sales are predicted to represent simply over half the revenue mix for the Canadian cannabis market at $3. 9 billion in 2021, however with more approval and the progressive removal of the illicit market, Gomes forecasts recreational sales to represent 90.

Meanwhile, medical cannabis sales stay consistent throughout the decade at roughly $600 million each year. Gomes pays specific attention to companies in referencing the significance of the market on certified manufacturers and retailers: Toronto-based independent seller 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 3rd quarter financial results being released, Gomes viewed Fire and Flower in a favorable light with an "Outperform" rating, coupled with a target cost of $15/share and a projected 1 year return of 158 percent at the time of his latest update on the company (December 14).

"We view FAF as one of the long-lasting winners in the Canadian retail area due to their collaboration with Alimentation Couche-Tard, digital abilities, and strong capital position," Gomes said. Meanwhile, in his October 20 analysis, Gomes noted that High Tide had rotated its Canna Cabana stores to a discount rate club retail design, a relocation intended to allow High Tide to take on other Canadian worth brands.

The Top Marijuana Stocks for February 2022 - Investopedia PDFs

Gomes gave HITI an "Outperform" ranking in his October 20 report and $13. 25 target for a forecasted return at the time of 79 percent. "For LPs, our thesis is that the Canadian market provides a large benefit to the assessments of mid- and small-caps that execute well," Gomes said.

Marijuana Stocks To Watch This Week - Cannabis Daily 8/23 - Benzinga

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

There is a lot of unpredictability in the investing world today. First, new COVID-19 pressures have turned into an ever-present risk to the whole economy. Second, numerous business are still dealing with supply chain issues. Lastly,  Try This  expect interest rates to rise at any minute. However, regardless of all of this chaos, a couple of business have begun the season off strong.

Let's examine a few of these leading trending stocks and see why financiers are excited about them.