3 Pot Stocks To Watch On Robin Hood

What will it take to see pot stocks rise once again and with more upward consistency? This is the same question many investors have been plagued with for quite some time. The current…

fluctuation in the cannabis sector has been a wild ride for many marijuana stocks. With the amount of uncertainty surrounding investing in cannabis stocks, some are holding on others panicking and some are even buying more.

The reason for the panic is due to many cannabis stocks not being able to trade at higher levels to which is creating unwanted anxiety amongst some investors. Others are still nervous but are keeping hope and holding to their position. Another factor that keeps investors in despair is what the future legislation will look like for the cannabis industry in its entirety.

What this means is on state-level Congress has left establishing rules and regulations up to each individual legal state. However, while this is a huge milestone on its own passing federal reform is what many are waiting to see happen. The issue with federal reform is it seems Congress is not satisfied with what has currently be presented.

This is what led to the reintroduction of the MORE ACT. In addition to Chuck Schumer’s federal cannabis bill. Now even with 2 attempts to pass some type of federal reform some feel it will take more time. The cannabis industry is in need of more comprehensive reform.

More Progress For The Cannabis Industry

With proper reform in place, it may be the catalyst needed to finally see more marijuana stocks reach higher market levels. For now, people of the industry are remaining patient and keeping watch for any sudden changes in the sector. The growth of the cannabis industry has not gone unnoticed. This continuous growth has attracted more people into the cannabis world. To which these individuals are now looking for ways to invest in marijuana.

Top Marijuana Stocks For Your Investment Portfolio

  1. Trulieve Cannabis Corp. (OTC:TCNNF)
  2. Greenlane Holdings, Inc. (NASDAQ:GNLN)
  3. GrowGeneration Corp. (NASDAQ:GRWG)

Trulieve Cannabis Corp.

Trulieve Cannabis Corp. together with its subsidiaries operates as a medical cannabis company. The company cultivates and produces products in-house and distributes its products to Trulieve branded dispensaries across the United States. As well the company controls the dominant share of Florida’s medical marijuana market.

In one of the more recent bits of news, Truelieve has become the first MSO to initiate the sale of clones in Massachusetts. This only shows the inevitable growth of the company as things continue to look promising for the future.

Words From The CEO

“Trulieve supports home grow initiatives in Massachusetts and we are excited to offer our top-tier genetics to those who would prefer to grow their own cannabis plants at home,” said Kim Rivers, CEO of Trulieve. “We’re delivering on our promise to meet cannabis consumers wherever they are in their level of experience, as well as our commitment to expanding access to the plant as we continue to grow in the Massachusetts market.”

TCNNF Stock Performance And Market Update

At the start of August, TCNNF stock started with a bit of some up and down trading. In the initial 9 days of August, TCNNF stock was moving in the market with some volatility. Up until the 9th, the company was working to increase its market position but failed to do so. From the 10th of August to the close on the 20th TCNNF stock has continued to fall. Now with a new week of trading here it’s possible to see this cannabis stock to watch pick up more momentum.

Greenlane Holdings, Inc.

Greenlane Holdings, Inc. sells cannabis accessories, child-resistant packaging, and specialty vaporization products in the United States, Canada, Europe, Australia, and South America. During the second quarter of 2021, the company reported having a revenue of $34.7 million.

In addition to a record core revenue of $34.5 Million. Some other Q2 highlights are the company achieved…

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