Current stock price: $5.77 (as of April 7, 2022)Ĭresco Labs is one of the successful publicly traded marijuana companies from Chicago that has brands like Good News, Reserve, Mindy’s Edibles, Remedi, High Supply, and Wonder Wellness Co.The company plans to open six new stores in Pennsylvania in 2021, which will be key to the company’s long-term growth. It grew nearly 700% in value over the past year. Jushi Holdings is one of the hottest pot stocks right now.
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Some of Jushi’s brands are The Bank, The Lab, Nira and Nira+, and Seche. It deals with cannabis retail, distribution, and cultivation. Current stock price: $2.90 (as of April 7, 2022)Īs its name suggests, Jushi is one of the best cannabis holding companies to invest in.
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And lastly, IIPR’s short-term investments helped the company reach $661.4 million by the end of the quarter. Secondly, in Q1 of 2021, the company had a net income of $25.6 million. First, IIPR is a REIT, which means their money comes from leasing. IIPR might be one of the best marijuana companies to invest in 2021 due to many reasons. Its main goal is to become a creative capital provider for the industry. IIPR is currently the only real estate investment trust (REIT) that focuses on the medical cannabis industry. Here are some of the best weed companies to invest in right now! 1. States are cashing in on the marijuana business, so why shouldn’t investors and venture capitalists reap some of the benefits of this budding industry? 15 Best Cannabis Companies to Invest in Right Now If these numbers don’t impress you, take a look at some of the facts and figures on the top marijuana enterprises, and judge for yourself. Last year alone, the global cannabis market reached $20.5 billion, and expectations are that it might go as high as $90.4 billion by the end of 2026.
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Whether you believe in the healing powers of cannabis or you think it is just a passing trend, there is no denying that the marijuana market is very real and growing at a fast rate. Given that the cannabis market is taking off fast, it’s hard to decide w hich marijuana companies to invest in, especially in these turbulent times.