With marijuana stocks currently providing substantial gains for investors finding pot stocks that hold the most potential gains is important. Read More 3 Marijuana Stocks That May Be The Right Investment In 2021 Are These The Best Marijuana Stocks To Buy For Long-Term Cannabis Investments? For the purpose of finding cannabis stocks that could have potential gains for 2021 let’s take a look at 2 leading Canadian marijuana stocks. Currently, marijuana stocks in Canada have seen gains due to the prospect of federal cannabis reform in the United States. Presently, many investors are trading cannabis stocks on a short-term basis something that should be considered before entering a position.
Canadian Cannabis Sector Rallies In 2021
Marijuana stocks continue to rally in February with the Canadian exchange up almost 15% in trading on February 9th. This is partly due to Canopy Growth Corporation (NASDAQ: CGC) reporting Q3 fiscal 2021 record net revenue of $153 million up 23% from Q3 fiscal 2020. The company is also reporting a larger net loss than expected at $829 million primarily because of impairment and restructuring charges of $416 million. Although...
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