The holy grail for pot stocks has been uplisting onto large U.S. exchanges for quite some time now. With so many pot stocks having lived in fear for the past several years, it seems as though now is the time for these companies to come out of the shadows and claim their rightful place in the public eye. With so many companies working to get on to one of these large exchanges, only a few seem to be making the cut.
This is due to the amount of capital they have on hand and their value for the future of the industry. These companies are definitely not a sure-fire way to succeed in the pot stock market by any means, but they definitely present an interesting opportunity. As we continue to near the large future projections for the industry, it seems as though the time is now to take a first or second look at the world of marijuana stocks.
A CBD Pot Stock
Charlotte’s Web Holdings (CWBHF Stock Report) is one of the leading CBD pot stocks in the whole of the industry. The company has been working to make their name by producing some of the best CBD based products for sale on the open market. With a heavy market cap of around $700 million, the company definitely has a shot at uplisting onto a large exchange.
Additionally, they are also a profitable business which is not something that a lot of pot stocks can say. One fo the key factors that make them an interesting pot stock to watch is the future of the CBD market. Some projections have shown the industry growing by 100% compounded each year which makes sense considering how much growth we have seen at this point. All in all, they continue to be a key pot stock.
An Under-the-Radar Pot Stock
MediPharm Labs (MEDIF Stock Report) is a key pot stock that has remained somewhat unknown at this point in time. The company has a market cap north of $300 million which is quite a large one considering where most cannabis stocks lie. The company works in the processing of cannabis and hemp in Canada, which they then ship to other markets outside of their home nation. The company could see a listing on a large U.S. exchange if they are able to play their cards right moving into the future.
One of the interesting things about the business is that they are not currently able to ship products into the U.S. This, however, could change if they are able to list on a U.S. exchange. Of course, a lot of this remains highly speculative, but we have seen many other businesses uplist onto these large exchanges. Regardless, the company remains a key pot stock to watch as they continue to traverse the future of the market. The hopes are high that pot stocks can continue to ride high moving into the next few years and beyond.