Runtz quality will vary widely this year, because pounds of A-grade White Runtz fetch $5,500 on the East Coast street, Jodrey said. That attracts con artists.
Track down Cookies brand’s exotic outdoor Cheetah Piss in stores this fall for a ferocious encounter with lemon, creamy berry, cake, and maximum THC. Rawwr!
So tell Leafly if you spot it. This harvest season, there’s more strains to explore than a lifetime allows.
These are the top marijuana stocks as ranked by a growth model that scores companies based on a 50/50 weighting of their most recent quarterly year-over-year (YOY) percentage revenue growth and their most recent quarterly YOY earnings-per-share (EPS) growth. Both sales and earnings are critical factors in the success of a company. Therefore ranking companies by only one growth metric makes a ranking susceptible to the accounting anomalies of that quarter (such as changes in tax law or restructuring costs) that may make one or the other figure unrepresentative of the business in general. Companies with quarterly EPS or revenue growth of over 2,500% were excluded as outliers.
Momentum investing is a factor-based investing strategy in which you invest in a stock whose price has risen faster than the market as a whole. Momentum investors believe that stocks which have outperformed the market will often continue to do so, because the factors that caused them to outperform will not suddenly disappear. In addition, other investors, seeking to benefit from the stock’s outperformance, will often purchase the stock, further bidding its price higher and pushing the stock higher still. These are the stocks that had the highest total return over the last 12 months.
On March 31, 2021, New York passed a law legalizing recreational cannabis, expanding medical use, and decriminalizing possession of small amounts of marijuana, among other measures. Not all of these provisions will go into effect immediately and there is no timeline yet on when all these measures will be fully implemented.
Best Value Marijuana Stocks
The marijuana industry is made up of companies that either support or are engaged in the research, development, distribution, and sale of medical and recreational marijuana. Cannabis has begun to gain wider acceptance and has been legalized in a growing number of nations, states, and other jurisdictions for recreational, medicinal, and other uses. Some of the biggest companies in the marijuana industry include Canopy Growth Corp. (CGC), Cronos Group Inc. (CRON), and Tilray Inc. (TLRY). Many big marijuana companies have continued to post sizable net losses as they focus on investing in equipment to speed up revenue growth, which remained strong despite the economic disruption caused by the pandemic.
Marijuana stocks, as represented by the ETFMG Alternative Harvest ETF (MJ), have outperformed the broader market. MJ has provided a total return of 61.8% over the past 12 months, above the Russell 1000 index’s total return of 43.5%. These market performance numbers and all statistics in the tables below are as of June 25, 2021.
Only one of the companies listed below reported positive EPS growth in the most recent quarter.
Here are the top 5 marijuana stocks with the best value, the fastest growth, and the most momentum.
How much there is to be revealed about marijuana in this decade in America for the general public! The actual experience of the smoked herb has been clouded by a fog of dirty language perpetrated by a crowd of fakers who have not had the experience and yet insist on downgrading it. The paradoxical key to this bizarre impasse of awareness is precisely that the marijuana consciousness is one that, ever so gently, shifts the center of attention from habitual shallow, purely verbal guidelines and repetitive secondhand ideological interpretations of experience to more direct, slower, absorbing, occasionally microscopically minute engagement with sensing phenomena.
No one has yet remarked that the suppression of Negro rights, culture, and sensibility in America has been complicated by the marijuana laws. African sects have used pot for divine worship (much as I have described its sacred use in India). And to the extent that jazz has been an adaptation of an African religious form to American context, marijuana has been closely associated with the development of this indigenous American form of chant & prayer. Use of marijuana has always been widespread among the Negro population in this country, and suppression of its use, with constant friction and bludgeoning of the Law, has been a major unconscious, or unmentionable, method of assault on negro Person.
Not only an investigation of how it all happened but some positive remuneration is required for those poor citizens who have been defenseless against beatings, arrest, and anxiety for years —a minority directly & physically persecuted by the police of cities and states and by agents of the nation; a minority often railroaded to jail by uncomprehending judges for months, for years, for decades; a minority battling idiotic laws, and even then without adequate legal representation for the slim trickery available to the rich to evade such laws. For the inoffensive charming smokers of marijuana who have undergone disgraceful jailings, money is due as compensation. This goes back decades for thousands of people, who, I claim, are among the most sensitive citizens of the nation; and their social place and special honor of character should be rewarded by a society which urgently needs this kind of sensibility where it can be seen in public.
From my own experience and the experience of others I have concluded that most of the horrific effects and disorders described as characteristic of marijuana “intoxication” by the US Federal Treasury Department’s Bureau of Narcotics are, quite the reverse, precisely traceable back to the effects on consciousness not of the narcotic but of the law and the threatening activities of the US Federal Treasury Department Bureau of Narcotics itself. Thus, as the Buddha said to a lady who offered him a curse, the gift is returned to the giver when it is not accepted.
One becomes awed by the enormity of the imposition. It is not a healthy activity for the State to be annoying so many of its citizens thusly; it creates a climate of topsy-turvy law and begets disrespect for the law and the society that tolerates execution of such barbarous law,7 and a climate of fear and hatred for the administrators of the law. Such a law is a threat to the existence of the State itself, for it sickens and debilitates its most adventurous and sensitive citizens. Such a law, in fact, can drive people mad.