2 Weed Stocks Are Better Picks in 2021

Cannabis is a booming industry, and investors are looking for the next big thing. Two stocks that have been on fire recently are Tilray Inc. (TLRY) and Cronos Group Inc. (CRON). Both stocks have seen tremendous growth in 2019, with CRON’s stock price up over 300% in the last year alone.

The best marijuanas stocks 2021 reddit is a subreddit for marijuana stocks. It has been around since 2014, and in that time it has grown to be one of the most popular marijuana stocks subreddits on the internet.

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This year, the cannabis industry’s executives have failed to rebuild investor trust. For the most part, it’s been a roller coaster, and incomes haven’t kept pace. On February 10, 2021, Aurora Cannabis (TSX:ACB)(NYSE:ACB) reached a high of $23.96. The rise, however, did not continue, and the price ($9.26) is now 61 percent lower.

Village Farms International (TSX:VFF)(NASDAQ:VFF) and Fire & Flower (TSX:FAF) are two small businesses who have underperformed so far this year. Market experts, on the other hand, continue to suggest both marijuana stocks as good buys. In the following 12 months, they expect returns of between 99 percent and 126 percent. If you want to go into the cannabis industry, buy one of these instead of Aurora Cannabis.

There isn’t any enthusiasm.

Aurora’s most recent quarterly earnings did not thrill investors as much as they usually do. Total net revenue and cannabis net revenue both fell 20% and 19% in Q4 fiscal 2021 (quarter ending June 30, 2021) compared to Q4 fiscal 2020. The adjusted EBITDA loss was $19.3 million, down from -$33.3 million the previous quarter.

During the quarter, management was pleased with improvements in high-margin medical revenue and cash burn reduction. The long-term deal with Cantek is a bright point. Aurora anticipates a continuous supply of high-margin income from the Israeli company, as well as the possibility of a bigger collaboration in the near future.

Aurora’s one-year price return is 51.31 percent, but the stock is still down 12.64 percent for the year. Canopy Growth (-47.03 percent) and Tilray (-47.03 percent) are its main competitors (-36.42 percent ).

Greenhouse cultivator

Village Farms International, which was one of the top growing companies in the first and second editions of the TSX30 List, did not make the cut for the 2021 edition. In the past five years, the total return has been 595.86 percent (47.31 percent compound annual growth rate), compared to -55 percent for Aurora (-14.75 percent CAGR).

Given Aurora’s success, the $863.33 million vertically integrated greenhouse producer is a superior option. Village Farms is capitalizing on the huge global cannabis market by using its considerable expertise as a greenhouse producer. The 12-month average price estimate among market experts is $22.75 (+125.47%).

Pure Sunfarms, one of the world’s biggest cannabis producing enterprises, is owned by Village Farms. The aim in the United States is to become the vertically integrated market leader in hemp-derived CBD. Two joint ventures for multi-state outdoor hemp growing and CBD extraction have been formed by the business.

Strategically important partner

Fire & Flower is an equally attractive stock, with a share price of $0.82. According to expert estimates, the return potential in the following 12 months is 99.70 percent ($1.64). Alimentation Couche-Tard is a high-profile strategic partner for the $282.01 million independent cannabis goods and accessories business.

The convenience store industry’s leader holds 22.4 percent of the multi-banner cannabis shop operator, but that number may rise to 50.1 percent in the future. The extension of the pilot program, which will feature cannabis shops alongside Couche-Circle Tard’s K stores, is the latest announcement from Fire & Flower. In addition, when the business expands into new areas in the United States, Fire & Flower’s Hifyre technology platform could be useful in collecting valuable customer data.

Exceptional gains

If you’re looking to invest in marijuana stocks, Aurora Cannabis is a no-go. Village Farms and Fire & Flower are poised to outperform industry leaders and produce significant returns in the near future. Now is the time to get them before they sell out.

The village farms international is a company that has been in the cannabis industry for over 40 years. They have a strong portfolio of brands and products, and they also have a very strong presence in Europe.

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