Header Ads

These Pot Stocks Are Ready for Some Upward Momentum $ICNAF $APHA

The pot stock market has undoubtedly been lacking in upward momentum over the course of the past few months. In that time, we have seen some key changes sweep across the industry. One of the most positive shifts, however, has been the public opinion of legal cannabis changing for the better. This means that there are more pot stocks to watch than ever before.

These companies may not be the largest in the industry, but they definitely represent a new and changing opportunity to potentially get behind. Some marijuana stocks have shown more potential than others however, mostly due to their commitment to building a future for the industry. All in all, the most important thing to consider is always to do the proper research before investing. With that in mind, one has the best chance to find certain pot stocks to watch.

A Pot Stock to Watch This Month

(ICNAF Stock Report) (ICAN Stock Report) is one of the leading multi-state operators working out of the pot stock market. The company recently signed into an exclusive partnership with one of the largest Type 11 cannabis distributors in the state of California. The deal with Nabis, should see the two begin producing and distributing cannabis products across the marijuana stock market in California.

ICAN Chart pot stock
Seth Wiles, President, and Director of Integrated Cannabis stated that “we are thrilled to be in this relationship with Nabis. Nabis has proven to be a reliable and innovative partner in our industry. We look forward to all of our products, especially our line of Tarantula pre-rolls, continuing to be the most highly sought after infused pre-roll on the market. Partnering with the most efficient distribution company in California will further help us attain scalability within our market.”

Partnerships like these have continued to fuel large amounts of growth across the pot stock market. With so many companies entering into the Californian cannabis industry, it seems as though the competition is at an all-time high. Integrated Cannabis Company has a unique advantage as they are already working highly within the state’s market. If they are able to stay on track with their future goals, there’s no telling how far they could go. All in all, they remain a key pot stock to watch.

A Key Marijuana Grower

Aphria (APHA Stock Report) is one of the largest growers in the whole of the industry. The company saw their shares shoot up by as much as 21% during the month of August which is quite substantial. Additionally, they also had their fourth-quarter results flying quite high. Despite this, they have seen some downtrends in the past week or so along with the majority of the cannabis stock market.

The company recently acquired the German medicinal cannabis and pharmaceutical distributor CC Pharma, which should give them a greater foothold in the European pot stock market. As they continue to innovate and make broad partnerships in the cannabis industry, Aphria shows that they are a pot stock to watch moving into the near future.

The post These Pot Stocks Are Ready for Some Upward Momentum  appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.


Who is WeBull Financial? How to Get Free Stocks?
Get Funded and Start Trading!

* This article was originally published here

No comments