As an investor finding the five best marijuana stocks 2021 has to offer, can help increase the value of your portfolio or even make you rich! The marijuana industry is projected to reach $90.4 Billion by 2026, meaning there are plenty of opportunities to get in on the action.
Now you may be asking yourself, “which marijuana stocks should I buy?” To help you answer that question, this article will highlight marijuana stock market trends and the best marijuana stocks 2021 has delivered. Here is everything you need to know about the best marijuana stocks.
1. Harvest Health & Recreation Inc.
When looking for the best marijuana stocks 2021 has to offer you have to take a look at Harvest. Harvest is home-based in Arizona but has 40 stores nationwide.
Since Harvest has one of the largest presence in Arizona this company is poised to make a huge profit in 2021. The reason being Arizona recently made recreational marijuana legal which will allow Harvest to capitalize on this new legislative change.
In recent news, HRVSF stock has seen an increase of 65.74% in this year alone. Analysts are predicting that the HRVSF stock will have a steady increase over the year landing at a price point of $6.99 up from about $4.50 at the beginning of the year.
2. Green Thumb Industries Inc.
As you study marijuana stock trends you can’t overlook another top marijuana company known as Green Thumb Industries Inc. This cannabis company is based out of Virginia and has shown some notable gains within the stock market. With GTBIF stock being up by 27.84% investors should take notice.
GTBIF had a record high of $39.11 in the month of February and although there have been some fluctuations in its pricing, analysts are predicting the stock’s end of year price to be around $48.35 a share. This certainly makes GTBIF a marijuana stock to invest in while you can.
3. Trulieve Cannabis Corp.
Another notable stock on the marijuana best stocks list is Trulieve Cannabis Corp. Currently known for having the highest market share in Florida’s medical marijuana market, Trulieve Cannabis is a great stock for investors.
Currently, Trulieve is ranked as one of the top-performing cannabis companies in the United States Market. It has 84 locations and is continually expanding operations across the nation.
TCNNF stock has shown gains of 5.69% and has reached a price of $41.59 per share. As you can see TCNNF is one of the best marijuana stocks to watch in 2021.
4. Cresco Labs Inc.
Next on the list as one of the best marijuana stocks is Cresco Labs Inc. The company is known for being one of the largest distributors of branded marijuana products in the American market. It currently operates its 20 dispensaries in 9 states and has 15 production facilities nationwide.
CRLBF stock has seen an increase of 31.78% this year and hit a per-share price of $17.49 back in February of this year. Analysts are predicting that CRLBF stock can see an increase to $21.54 per share before the year ends.
5. Curaleaf Holdings, Inc.
The last stock on our best marijuana stocks 2021 has presented is Curaleaf Holdings, Inc. Not only has it been named as the U.S.’s largest cannabis product provider, but it also has the greatest presence in the cannabis industry.
Curaleaf currently operates in 23 states with a total of 106 dispensaries nationwide. CURLF stock has seen an increase of 25.30% this year with a high stock price of $18.53 per share. Analysts predict a final year-to-date price of $22.50 per share making it obvious why it’s one of the best marijuana stocks to invest in.
The Best Marijuana Stocks 2021 Has to Offer!
Investing in marijuana stocks doesn’t have to be a daunting task. While these are our top picks for the best marijuana stocks 2021 has to offer, doing your own research before making your investment decisions is key.
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