Marijuana Stocks To Buy And Watch

As more and more states legalize both recreational pot and medical weed, it's time to track the best marijuana stocks to buy and watch.

The post Marijuana Stocks To Buy And Watch appeared first on Investor's Business Daily.

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Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to buy and watch. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPOs.

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Those phrases have become increasingly common as marijuana legalization spreads across U.S. states and Canada. And investor interest in the industry continues to rise as leading pot players continue to chew away at legal barriers, where the federal government still outlaws cannabis.

Currently, nine states and Washington, D.C., have legalized recreational marijuana, while 29 states have legalized medical weed.

Marijuana Stocks And Cannabis Companies To Watch

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Cronos Group Reports Wider Loss, Revenue MissCanadian cannabis producer Cronos Group on Thursday reported first-quarter earnings. Cronos Group stock fell modestly in morning trading, while other marijuana stocks edged lower. Cronos Earnings Estimates: Wall Street expected Cronos Group's per-share... Read More
Apple store
Stock Market Holds At Highs; Apple, Google, Fed In Focus: Weekly ReviewThe Dow Jones and other major averages were little changed for the week after the S&P 500 index and Nasdaq composite hit record highs. Investors didn't like the Fed signaling no rate... Read More
cannabis plants
Curaleaf Jumps On Select Acquisition To Tap West CoastU.S. pot retailer Curaleaf (OTC: CURLF) on Wednesday said it agreed to buy Portland, Ore.-based cannabis-oil and CBD maker Select in an all-stock deal valued at $948.8 million, a move that broadens Curaleaf's... Read More
Cannabis
Are These Marijuana Stocks A Good Buy Now? Look Past The HypeMarijuana stocks have received enormous hype, as legal recreational sales took hold in Canada and sales became legal in some form or another across more than half of the U.S. Producers in... Read More
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Canopy Growth Breaks Out After Hemp Deal; Other Marijuana Stocks Set UpCanadian pot producer Canopy Growth said it had nailed down a facility in New York state as part of its plan to build a hemp-production park there. Canopy Growth stock cleared a... Read More

IPO Watch: Marijuana Stocks

Canadian pot producer Canopy Growth Corp. (CGC) in May began trading on the New York Stock Exchange. The Canopy IPO followed the debut of Cronos Group (CRON) on the Nasdaq in February. MedMen, a U.S. marijuana company valued at $1.65 billion, had its IPO in Canada in May as well. Still, the industry remains volatile, and inconsistent regulations could make expansion difficult.

Marijuana Vs. Beer And Tobacco

Big money is pouring into the legal cannabis market, potentially steering more U.S. consumers toward weed. Struggling beer and tobacco companies are using that trend to find new business. One approach is to look for opportunities within the increasingly popular products in MedMen's stores. For example, the cannabis drinks stacked in a refrigerator near the corner, or the sleek vaping devices and tins of prerolled joints. Read More

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