Here’s the red hot cannabis stock that is changing the industry & allowing traders to profit.
My newest alert is a cannabis-related company that recently entered into multiple partnerships to potentially grow its user base, while generating higher revenues and profits.
This company is in an industry that grew its sales by 30% year over year and is valued in the billions of dollars.
The demand for its platform and services should continue to grow as more states move to legalize marijuana. The best part is that their apps are free to user for consumers. The company will primarily generate its revenue through advertising and cannabis businesses.
This company figured out a way to connect consumers to cannabis businesses and streamline purchasing of products. Moreover, it’s connecting consumers and providing educational content.
Its stock price is well above its 52-week lows, but it’s still nearly 30% away from its 52-week highs while presenting a total upside of over 115%.
With states looking to implement legal cannabis use, the stock’s recent run higher could just be the start.
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