On the Radar

On the radar for the second consecutive week are stocks that trade in the marijuana sector. Before the close of markets on Friday the U.S. House of Representatives passed as act in order to decriminalize marijuana nationwide on a federal level. The act has to now be passed by the senate in order to become law. Once passed the new law will get rid of all criminal penalties for distribution, manufacturing, as well as possession. As for now it’s a step in the right direction.

The stocks to keep a close eye on in the marijuana sector in the week ahead are (TLRY) Tilray, Inc., (TCNNF) Truieve Cannabis, (CRON) Cronos Group, (APHA) Aphira, Inc., (CRLBF) Cresco Labs, Inc., (ACB) Aurora Cannabis, (GTBIF) Green Thumb Industries, Inc., and (CURLF) Curaleaf Holdings to name a few.     

By Marlin Rolle