What It Means for Marijuana Stocks

marijuana stockAphria Stock, Tilray Stock, & the Canadian Marijuana Market

It was a long time coming, but it appears that good times have returned at last to the formerly beleaguered marijuana market. In 2020, marijuana stocks were at times struggling (and at times thriving), but with 2021’s arrival, it seems that pot stocks are on a consistent rise once more.

Two companies that should be on investors’ radar—Aphria Inc (NASDAQ:APHA) and Tilray Inc (NASDAQ:TLRY)—have already more than doubled in value since 2021 began. The question now is: Can these two Canadian marijuana stocks continue to climb?

The short answer is yes. But if I’m being perfectly honest, although APHA stock and TLRY stock are likely to see more growth due to their blockbuster merger, frankly, there appears to be far more room for gains among stocks on the periphery.

Before I unpack where the real gains are to be had in the marijuana market right now, however, I’ll give a brief overview of the market in 2021.

The major news in the U.S. is that a new sheriff is in town: President Joe Biden. The changing of the guard is bound to have a profound impact on pot stocks—both in the U.S. and in Canada.

Moreover, a massive shift took place on January 6, when the Democratic Party won control of the Senate, with the results of the Georgia races coming in. That news on its own was enough to jump-start…

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marijuana stockAphria Stock, Tilray Stock, & the Canadian Marijuana Market

It was a long time coming, but it appears that good times have returned at last to the formerly beleaguered marijuana market. In 2020, marijuana stocks were at times struggling (and at times thriving), but with 2021’s arrival, it seems that pot stocks are on a consistent rise once more.

Two companies that should be on investors’ radar—Aphria Inc (NASDAQ:APHA) and Tilray Inc (NASDAQ:TLRY)—have already more than doubled in value since 2021 began. The question now is: Can these two Canadian marijuana stocks continue to climb?

The short answer is yes. But if I’m being perfectly honest, although APHA stock and TLRY stock are likely to see more growth due to their blockbuster merger, frankly, there appears to be far more room for gains among stocks on the periphery.

Before I unpack where the real gains are to be had in the marijuana market right now, however, I’ll give a brief overview of the market in 2021.

The major news in the U.S. is that a new sheriff is in town: President Joe Biden. The changing of the guard is bound to have a profound impact on pot stocks—both in the U.S. and in Canada.

Moreover, a massive shift took place on January 6, when the Democratic Party won control of the Senate, with the results of the Georgia races coming in. That news on its own was enough to jump-start…

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