Many people felt May might bring with it a boost in momentum. However, the first week of the new month followed in the same downward pattern as the previous month. Currently, some marijuana stocks have slowly started to inch back up in the market. Yet for those cannabis plays that have not fully recovered there is still a chance to find marijuana stocks to buy. The cannabis industry in its entirety is still growing at a fast pace. Overall the global cannabis industry is turning into one of the fastest-growing industries in the world. Yet investors are aggressively focused on the U.S. side of the industry. This is due to the fact that many U.S. cannabis companies have been able to continuously remain profitable. Now in other markets around the globe, some of those marijuana companies have had trouble with their financials and business operations. For example, Canadian cannabis companies back in 2020 and even somewhat in 2021 were having trouble with operations.
420 Intel – Marijuana Industry News, 05/16/2021 20:00:00