FFNTF - Are These The Top Marijuana Stocks To Trade For 2020?
2020 is well underway and, investors are searching for the right marijuana stocks to buy. In 2019, we saw a major trend of investors watching mostly the pure-play pot stocks. While these companies are definitely important to the industry, this mindset does undermine some of the growth of the mid and small-cap marijuana stocks in the market. These smaller companies have had an easier time pushing forward with a good amount of growth.
In addition, since they lack major bureaucracies like some of the large billion-dollar market cap marijuana stocks, they are usually able to enact change in a much faster way. This means that innovation is one of the biggest keys to success for these few companies. With so many pot stocks to watch in the cannabis industry, only a few can continue to be successful amidst large competition and shifts in the overall market.
A Marijuana Stock Built For Long Term Growth
4Front Ventures (FFNTF Stock Report) (FFNT) is a pot stock that has made its long term goals precedent. Thee company states that with its battle-tested operating capacities, it should be able to tackle any opportunity given to it. One of the ways in which the company has built this strategy is through its use of hiring top talent in the industry. With its committed leadership and highly strategic asset base, the company is able to apply its knowledge across various aspects of the cannabis industry. Additionally, the management that the company currently has, should see the business be able to move into the next few years of the pot stock market.
Recently, the company announced that it would be divesting its assets in three dispensaries located in the Arkansas cannabis market. Although the state looks like it does have quite a bit of potential, the company believes its assets could be better used elsewhere. Josh Rosen, CEOE of 4Front stands that “although we believe Arkansas is an attractive developing medical cannabis market, we are optimizing our footprint and focusing our resources.”
Marijuana Stock To Watch: An Agriculture Company In a Niche Market
Village Farms International (VFF Stock Report) (VFF) is one of the major cannabis growers in the industry. The company began its reign producing vegetables way back when. After forming a joint venture with Emerald Health Therapeutics, the company quickly began it’s built out of a 1.1 million square foot greenhouse facility. In only a few years, the company has been able to build its capacity to over 75,000 kilograms per year.
Currently, the company has stated that it is in the process of creating a new facility that should be done by the end of this year. With that, it should be able to double the amount that it is currently producing. As a major grower and key player in the cannabis market, the company remains a key pot stock to watch moving forward.
Disclaimer: Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and 4Front Ventures Corp (FFNT)(FFNTF), Midam is being paid $20,000 for coverage on 4Front Ventures Corp (FFNT)(FFNTF), for a period from November 27, 2019 to January 7, 2020. We may buy or sell additional shares of 4Front Ventures Corp (FFNT)(FFNTF) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about 4Front Ventures Corp (FFNT)(FFNTF).