GTBIF - 3 Top Cannabis Stocks to Buy for April
It's been nothing but market doom and gloom for cannabis companies this year, with the Advisor Shares Pure U.S. Cannabis ETF falling 19% so far this year. That's the short-term news. The long-term is cannabis is expected to have huge growth potential. According to a report by BDS Analytics, the global cannabis market was estimated at $30.6 billion in 2021 and is expected to grow to $62.1 billion by 2026.
Verano Holdings (OTC: VRNO.F) , Green Thumb Industries (OTC: GTBIF) and Innovative Industrial Properties (NYSE: IIPR) all are worth buying in April. If you look beyond the market downturn for cannabis stocks that has driven down the share prices of these companies over the past two months, you'll find three of the more successful cannabis businesses already showing a profit.
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3 Top Cannabis Stocks to Buy for April