Some of the best cannabis stocks to add to a portfolio now

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These cannabis-linked companies continue to receive high marks from industry analysts

In the past few weeks, two things have happened that will drastically affect cannabis stock sales and prices. As a matter of fact, the effects are still just getting underway. The November 3 elections in the US were the catalyst for both when the Biden-Harris ticket was elected to fill the White House and be our next president and vice-president. They will be replacing a previous administration from which no clear message was ever sent as to where the government stood on the subject of cannabis reforms and possible legalization. In that same election, voters in five more states approved measures legalizing cannabis in some form, be it medical or recreational.

Cannabis stocks have since seen a growth unmatched by any other period in history and hopes are that the growth will continue. Top shelf cannabis stocks such as Canopy Growth and Tilray saw a nice jump in value now that the total number of states has reached 36 which have approved legal cannabis.

Another cannabis stock that has exceeded expectations since the election is Trulieve Cannabis, a supplier of quality medical marijuana now approved for sale in 6 states and growing.
Kim Rivers, the CEO of Trulieve said, “Once again our financial results reflect our exceptional ability to grow our business quarter over quarter, through the continued organic expansion of our retail footprint, while maintaining industry-leading profitability.” This is a good one to look into.

Attractive also to investors would be Green Thumb Industries Inc., which holds a position as one of the nation’s leaders in cannabis consumer package goods. It has seen steady growth in the market over the years, and analysts expect this to continue. All of these options are still affordable, and investors need to consider them before it’s too late.