2021/06/23 (更新日: 2022/01/18)

【Market】Top 5 Marijuana stock: Who will be the best penny stock performer?

Weed

Marijuana is a fast-growing industry, and the current valuation of the stock market is over $6.4 billion. There are now a ton of penny cannabis stocks trading on the market today. They have been relatively volatile in terms of price and volume over the past few years. Many of them have doubled or tripled in price at points throughout that period.

A company such as Tilray has grown its revenue by 120 % in 8 years successfully. As a result, the company plans to open up more supply chain facilities to keep up with demand for their weed products.

Another company called AusCann Group Holdings Limited (ASX: AC8) has also increased its revenue by 127% from 2016-2018 and plans to continue its growth with new innovations such as cannabis-based medicines and pain relief products.

Given these facts, it would be reasonable to assume that there will be more growth in the marijuana market in 2021 than in 2019 and 2020, which means that these five weed penny stocks 2021 will likely perform.

Top Weed Penny Stocks 2021

AusCann Group Holdings Limited

AusCann Group Holdings Limited was established in 2014 and became the first company to cultivate and research Medical cannabis in Australia legally. After years of research, AusCann has developed proprietary growing systems for cannabis that delivers a superior product.

These scalable systems can produce up to 50 tons of cannabinoid concentrate per annum at their purpose-built GMP facility in Australia. In addition, plans are well underway to have operations in Canada to service the other key market – North America.

Set to be one of the significant biopharmaceutical players in the field of medical cannabis after 89% share acquisition of Tasman Health Cannabinoid Ltd in November 2015, AusCann looks set to become a top Weed Penny Stock 2021.

Tilray, Inc.

Tilray is a marijuana company in Canada that is the first to export marijuana to the United States and Europe legally. They recently released their quarterly results. They are expected to reach $51.4 m in net sales for this fiscal year, a 2% increase compared to last year.

Their growth is attributed to new markets (Germany and Portugal), new products (Softgels), and acquisitions. The company recently expanded its operation by entering into collaboration with Sandoz GmbH to distribute Sativex derived from natural cannabis extracts.

Acreage Holdings Inc.

Acreage Holdings (ACRGF) is a vertically integrated, multi-state owner of cannabis licenses and assets in the United States. ACRGF’s mission is to become the most prominent global cannabis company through targeted acquisitions, selective expansion, and effective management.

This should no doubt be one of the top weed penny stocks 2021. First of all, the market cap is relatively high. Secondly, the target market is massive. Also, this company is from the United States, which has the most famous cannabis market in the world. Their cannabis business started in November 2018, so this is a relatively new company. This company is predicted to give back a hefty 562% return on investment by 2022.

High Tide Inc.

It is a profitable company because it was the first to sell marijuana in a retail space, just like any other business. High Tide is a Canadian public cannabis company whose vision is to become a leading supplier of cannabis products, beginning with their flagship Island Garden brand. The company has made more revenue since August 2016 than any other IPO prospectus marijuana stock.

This is a company for the future as they are commercializing now and expect great things in the future. HID is entering into a new phase focusing on commercialization, as noted by the licensing agreements they have been making. It is also involved in the retailing of hardware and equipment related to the cultivation of cannabis.

Village Farms International Inc.

(VF.v) Village Farms is a fully integrated, multi-national grower, shipper, and distributor of premium-quality greenhouse vegetables, herbs, and fruits, using proprietary growing systems. The company owns or operates greenhouses in British Columbia and Texas and is based in Delta, B.C., Canada.

In 2017, it made a heavy investment in expansion with a total of $20 million to its greenhouse complex. Due to rising operating costs, Village Farms reported a loss of $7.4 million for Q1. However, VFF’s net sales grew by 63.2%, due primarily to the inclusion of its cannabis products. The company’s cannabis business is subject to regulatory approval but expects to reap high.

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Disclaimer: The stocks in this list have high growth potential with low risk. These stocks are unique in that some have high momentum along with low risk. Others just seem like a good buy for the current market, despite a higher-than-normal risk profile. Incorporating all of these characteristics was the main factor in selecting stocks.

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