2 Marijuana Stocks To Watch In 2021 That May See More Gains

Will These Marijuana Stocks Reach New Highs In 2021?

When it comes to finding marijuana stocks to watch, there are plenty of options. Most investors tend to focus on the top two or three big-name cannabis stocks. This includes Green Thumb Industries Inc(OTC:GTBIF) and Cronos Group Inc. (NASDAQ:CRON). But, this is simply the tip of the iceberg when it comes to pot stocks. These companies fit into a category known as pure-play marijuana stocks. This simply means that they work by producing and providing large quantities of cannabis. Companies like these have come into the spotlight in the past few months as they are the more progressive businesses in the industry. As we move down the list, next is MSOs and ESPs. These companies tend to be grouped together as they operate within a similar sector of the cannabis industry.

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On one hand, we have MSOs or multi-state operators. These are cannabis companies that have a large portfolio of dispensaries that either span certain select states or a broad number of states. On the other hand, we have ESPs or extraction service providers. These businesses work by producing large quantities of cannabis oils that are extracted from the marijuana or hemp plant. Because the demand for cannabis concentrates has shot up in the past year, these companies are continuing to be in focus. ESPs and MSOs tend to show greater chances of…

Will These Marijuana Stocks Reach New Highs In 2021?

When it comes to finding marijuana stocks to watch, there are plenty of options. Most investors tend to focus on the top two or three big-name cannabis stocks. This includes Green Thumb Industries Inc(OTC:GTBIF) and Cronos Group Inc. (NASDAQ:CRON). But, this is simply the tip of the iceberg when it comes to pot stocks. These companies fit into a category known as pure-play marijuana stocks. This simply means that they work by producing and providing large quantities of cannabis. Companies like these have come into the spotlight in the past few months as they are the more progressive businesses in the industry. As we move down the list, next is MSOs and ESPs. These companies tend to be grouped together as they operate within a similar sector of the cannabis industry.

[Read More]

On one hand, we have MSOs or multi-state operators. These are cannabis companies that have a large portfolio of dispensaries that either span certain select states or a broad number of states. On the other hand, we have ESPs or extraction service providers. These businesses work by producing large quantities of cannabis oils that are extracted from the marijuana or hemp plant. Because the demand for cannabis concentrates has shot up in the past year, these companies are continuing to be in focus. ESPs and MSOs tend to show greater chances of…

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