Diagnos, Aphria, Amerigo at 52-Week Highs on News Diagnos Inc. (V.ADK),hit a new 52-week high of 72 cents on Thursday. Diagnos announced the opening of five screening clinics at various locations of Magrabi Hospital & Centers, located in Riyadh, with the help of its Saudi business partner, Kanhoor Medical Co.
Aphria Inc. (T.APHA) hit a new 52-week high of $14.89 on Thursday. Aphria reported its financial results for the second quarter and six months ended November 30, 2020. The company eeports net revenue of $160.5 million, an increase of 33% from the prior-year quarter. Adjusted EBITDA of $12.6 million marks seventh consecutive positive quarter.
Amerigo Resources Ltd. (T.ARG) hit a new 52-week high of 90 cents on Thursday. Amerigo announced 2020 production results from Minera Valle Central, the Company’s 100% owned operation located near Rancagua, Chile. MVC produced 56.2 million pounds of copper at a cash cost of $1.76 per pound and 1.4 M lbs of molybdenum.
This Pot Stock Could Be Special
If you've been following my writing at Profit Confidential, you'd know that I've been very bullish on pot stocks for the past year. And while there's no shortage of fast-growing
Global Cannabis Market Expected to Reach USD 52,995 4 Million by 2027 texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.
Currently, in America, there are 36 states that have some form of cannabis legalization. As well 15 of those states also have gone full rec meaning you do not need a cannabis card to purchase products. As it stands 2021 has a lot of positive sentiment and high hopes for the cannabis industry. This positivity is tied to the idea that this new year will be in favor of proper cannabis legislation. Most importantly decriminalizing marijuana on a federal level. Some analysts and investors feel once this happens we may see more marijuana stocks start to rally. As well with proper federal cannabis reform, it will provide more opportunities for Canadian marijuana stocks. However many feel believe US-based marijuana stocks will be the real victors of 2021. Below we will discuss the potential of these 2 marijuana stocks to watch.Top Marijuana Stocks To Watch
Seeing how a good amount of investors and analysts feel this momentum will continue in the new year one should always invest with caution. You always want to do your homework to find out about a given cannabis company before investing. As President-elect Biden gets ready to take office there seems to be a softer stance with marijuana. This is good because if the new administration can see that the cannabis industry is one to push forward it may help the Senate pass the MORE Act. Especially with Vice President-elect Kamala Harris who vowed to legalize cannabis on her first day in the White House. With this is the hope that the cannabis industry can reach its full potential.Top Marijuana Stocks To Watch