ICNAF - 2 Marijuana Stocks To Watch Heading Into December
The U.S. marijuana stock market has been leading the charge for quite some time now. With so much happening in the industry in only a short period of time, it seems as though the future is quickly becoming the present. For anyone who watches the market religiously as we do, they know that the past few months may have been less than ideal for the bulls. The hopes are that this can begin to shift around as we see the market change into the future. There are several key factors that are impeding growth in the pot stock market.
These include everything from the shifting stance of politics on cannabis as well as the shifting public perception of the substance. Many of these factors are normal for the pot stock market as it is still very much in its infancy. Because the market is so new, it seems as though at times it can be difficult to deduce where the most value is hiding. This, however, becomes much easier with a heightened amount of research. As we continue to barrel toward the future of the pot stock market, the hopes are that it can continue to be exciting.
A Branded Products Manufacturer Working out of the U.S.
Integrated Cannabis Company Inc. (ICNAF Stock Report) (ICAN Stock Report) is one of the leading manufacturers of branded products working out of both the California and Nevada market. Because they have such a broad scope in the industry, it seems as though the company may have an advantage when compared to some other key players. Nevada and California are widely considered to be two of the largest pot stock markets in the nation. The company has stated that its main goal is to make cannabis as safe and approachable as they can. They do this through the manufacturing of high-quality products that help to deliver consistent consumer experiences.
The company has also been working to delve deeper into the Californian market. Currently, they are in as many as 275 dispensaries around the state. This makes them one of the leaders in terms of distributing power. They have been primarily working through their subsidiary known as Ganja Gold. While developing a wide range of new products, the company is continuing to meet future expectations. For this reason, they are a key pot stock to watch.
A Dispensary Based Pot Stock
Canopy Growth Corp. (CGC Stock Report) is one of the largest pot stocks in the industry. The company may be based out of Canada, but they are working to be involved heavily in the U.S. market. This started after being listed on a large U.S. exchange which not many other pot stocks have been able to do. The company has definitely seen better days as the past few months have mostly been full of downtrends.
Despite this, it seems as though their low price could signal them to be a potential value buy. This all depends on their potential for the future and how well they can deal with fervent competition. For now, they may be a pot stock to watch, but potentially only to watch at this point.
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