Aurora Cannabis, Other Marijuana Stocks, Fall Amid Industry's Latest  International Pullback - Investor's Business Daily

1 for Marijuana Stock Quotes and Daily News - High Yields

The 7-Minute Rule for Will Cannabis Stocks Revive in 2022? - Morningstar

g. new brick-and-mortar shops, e-commerce expansion), lower legal market pricing, and the introducing of new cannabis-derived items not available to the illicit market," Gomes stated. Leisure marijuana sales are projected to represent just over half the revenue mix for the Canadian cannabis market at $3. 9 billion in 2021, but with more approval and the steady obliteration of the illegal market, Gomes projections recreational sales to represent 90.

Meanwhile, medical cannabis sales remain consistent throughout the decade at roughly $600 million per year. Gomes pays particular attention to business in referencing the significance of the market on licensed manufacturers and retailers: Toronto-based independent seller Fire and Flower (Fire and Flower Stock Quote, Chart, News TSX: FAF) and Calgary-based producer High Tide Inc.

In his December 14 analysis accompanying the company's third quarter financial outcomes being launched, Gomes saw Fire and Flower in a positive light with an "Outperform" rating, coupled with a target cost of $15/share and a forecasted 1 year return of 158 percent at the time of his latest upgrade on the business (December 14).

"We see FAF as one of the long-lasting winners in the Canadian retail area due to their partnership with Alimentation Couche-Tard, digital capabilities, and strong capital position," Gomes stated. Meanwhile, in his October 20 analysis, Gomes kept in mind that High Tide had actually pivoted its Canna Cabana shops to a discount rate club retail design, a move meant to allow High Tide to complete with other Canadian value brands.

Some Known Incorrect Statements About Stock Prices and news about Canada's marijuana  - BNN

Gomes offered HITI an "Outperform" score in his October 20 report and $13. 25 target for a predicted return at the time of 79 percent. "For LPs, our thesis is that the Canadian market offers a big upside to the appraisals of mid- and small-caps that perform well," Gomes stated.

Weekly Cannabis Stock News: 4/20 Was a Bust in 2020 - The Motley Fool

Start the New Year With Schaeffer's 7 FREE 2022 Stock Picks!

There is a lots of unpredictability in the investing world today. Initially, new COVID-19 stress have actually turned into an ever-present risk to the whole economy. Second, many business are still having a hard time with supply chain concerns. Lastly,  Reference  anticipate rates of interest to increase at any minute. However, in spite of all of this turmoil, a couple of business have actually started the season off strong.

Let's examine a few of these top trending stocks and see why financiers are excited about them.