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One of the reasons why cannabis stocks are difficult to trust is their volatility. You just never know where some of these names will end up typically in the weeds if it’s speculative. With Curaleaf, though, you’re at least exposing yourself to an established organization. In this case, CURLF stock ties you into marijuana’s biggest U.S. multi-state operator (MSO).
So far, the results have panned out fairly well. On a year-to-date (YTD) basis, CURLF stock is up over 25%. At the time of writing, shares trade hands at $15, giving the underlying company a market capitalization of $10.45 billion.
Author Bio
Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles.
The smoke has cleared from the first earnings season. What were the trends with marijuana companies during the period, and what can we expect from the sector in the immediate future?
In this video segment from
Motley Fool Live
recorded on May 21, Fool contributor Eric Volkman and healthcare and cannabis bureau chief Corinne Cardina peer through the haze to identify three key takeaways for investors to focus on at the moment.
Investing In The Cannabis Industry In 2021
Are you looking for marijuana stocks to buy before itâs federally legal in the US? At the present time, there are many different companies showing potential for investors. In the first quarter of 2021, many leading US cannabis companies have seen significant growth in revenue so far this year. In addition, these companies have also given 2021 revenue guidance that predicts substantial growth for the time period.
For the past couple of yearâs cannabis companies have been expanding throughout the US at a rapid pace. Now with federal cannabis reform set to be reintroduced on Capitol Hill investors may see a federally legal cannabis industry in 2021. Because of this possibility, more traders are focusing on the cannabis sector in June looking for the best marijuana stocks to invest in. Currently, there are cannabis stocks that could produce significant gains for investors in the near future.