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Are These Marijuana Stocks Gaining Momentum In 2021? | FinancialContent Business Page

Recently in the market, Canadian marijuana stocks have been gaining much more value in January. In essence, investors are doubling down on the Canadian sector because of the belief that the U.S. is getting close to cannabis reform on the federal level. Although it could still be sometime before outside companies are given access to the U.S. cannabis market when it occurs most companies will be prepared to capitalize. At the present time, even cannabis companies that have struggled in the past are demonstrating signs of recovery. In general, since these companies have been beaten down badly in the market, they could have the potential for more short-term gains. Provided that current stock market trends persist top pot stocks to watch could continue with recent upward momentum. With this in mind let’s take a look at 2 Canadian marijuana stocks that could have future potential.Marijuana Stocks To Watch:

4 Marijuana Stocks Making a Comeback: APHA, CGC, ACB, CRON

Source: Shutterstock APHA stock is my top pick among cannabis stocks making a comeback. Even when the sector was depressed, APHA stock was relatively resilient. In the last six months, the stock has surged by 82%. I believe that there is more juice in the rally in the medium to long term. One reason to like Aphria is the fact that the company has been delivering positive EBITDA. The first quarter of 2021 was the sixth consecutive quarter of positive EBITDA. Most cannabis companies have struggled to be positive at EBITDA level. Further, for the company’s fiscal Q1 2021, the company reported net cannabis revenue of $62.5 million, which was higher by 103% on a year-on-year basis. Therefore, the core business has been delivering strong growth. Another positive development was the company’s first certified European Union Good Manufacturing Practices shipment of dried flower. The company is gradually positioning itself as a key player in the recreational and medicinal cannabis segme

AMP German Cannabis Group Provides Year-end Letter to Shareholders

Share: ERFURT, Germany and BERLIN, Dec. 16, 2020 /CNW/ - AMP German Cannabis Group Inc. ( AMP ) (CSE:XCX) (Frankfurt: C4T) (ISIN: CA00176G1028) is pleased to provide a letter to its shareholders. XCX) Logo (CNW Group/AMP German Cannabis Group Inc.) alt= AMP German Cannabis Group (CSE:XCX) Logo (CNW Group/AMP German Cannabis Group Inc.) >Dear Shareholders, The upcoming year will be transformational for AMP and the medical cannabis industry in Germany and globally. AMP s focus has always been to supply German patients with the highest quality cannabis products available. Our strength is having front-line relationships with the distributors of medical cannabis to pharmacies, the only point-of-sale for medical cannabis to German patients, which allows us to respond to market changes quickly.

Aphria Inc (APHA) And Tilray Inc (TLRY) Combine to Create Largest Global Cannabis Company

Aphria Inc (APHA) And Tilray Inc (TLRY) Combine to Create Largest Global Cannabis Company
marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.

Investorideas com - Investor Ideas Potcasts #508, Cannabis News and Stocks on the Move; (TSX: APHA) (NASDAQ: APHA) (NASDAQ: TLRY) (OTC: EDXC) (OTCQX: INLB)

Investorideas com - Investor Ideas Potcasts #508, Cannabis News and Stocks on the Move; (TSX: APHA) (NASDAQ: APHA) (NASDAQ: TLRY) (OTC: EDXC) (OTCQX: INLB)
investorideas.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investorideas.com Daily Mail and Mail on Sunday newspapers.

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