Helping boost sentiment was upbeat sentiment after beating Q earnings.
Share of Corbus Pharmaceuticals have also caught a strong surge in the stock market this month. With multiple events to account for next week, SNDL stock could be one to watch heading into the end of the month.Ĭorbus Pharmaceuticals Holdings Inc. The two extended the agreement to March 30th. Coincidentally, the deal was supposed to close earlier this year, but an extension now puts the cross-hairs on next week as well. The original October agreement has been Amended and adjusted to improve specific considerations for the roll-up plan. Sundial has been involved with a planned merger deal with Alcanna Inc. Sundial is expected to report earnings for Q4 and full-year, 2021, on March 29th. SNDL, on the other hand, is one of the few NASDAQ-listed names and, in turn, is tradeable on popular mobile brokerage apps.īesides the MORE Act speculation, traders of this cheap pot stock are watching for another event next week. Since so many marijuana stocks are listed on the OTC, it makes it harder to find ways of gaining exposure. It has long been the go-to for many Robinhooders and Webullers looking for access to the industry. One of the most popular marijuana stocks among retail traders has been Sundial Growers. Here is a few trading below $1 right now. With the MORE Act back on the table (more details on this later), having some marijuana penny stocks on your watch list may not hurt. While earnings growth has been strong, legalization is one of the biggest hurdles - at least in the US - for the stock market to weigh against. This is likely a big reason why there's been such an amplified move in so many marijuana penny stocks traders have waited a long time for new developments to emerge on the legislative side of the industry.
Looking at the last few years of the cannabis industry shows quite the opposite. ( NASDAQ: CRBP)Īre marijuana stocks the best types of penny stocks to buy? Since speculation is playing a huge role right now, it's essential to realize that what you're seeing in the stock market today isn't the norm.
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