Canadian Pot Stocks Soar, with TLRY Stock & APHA Stock Leading

canadian marijuana stockCanadian Pot Stocks Surge: Can the Gains Be Sustained?

The marijuana market is having a great start to 2021. While we’d all like to see COVID-19 gone this year, pot stock bulls can at least celebrate the amazing run we’ve seen from marijuana stocks, particularly Canadian marijuana stocks. But can that run be sustained?

Short answer: absolutely. More complicated answer: there’s going to be volatility.

After all, we’ve seen these kinds of massive, sudden surges by pot stocks before. It almost always means huge gains for investors who get in early, and huge disappointments for investors who buy at the top of spike.

Having said that, even investors who’ve gotten in late on mini boom-bust cycles have been able to make large gains—if they didn’t mind having to suffer short-term losses and hold out for the long-term promise of the marijuana market.

Chart courtesy of StockCharts.com

Looking at the chart above, it’s hard not to salivate over pot stocks, especially Canadian pot stocks.

While U.S. marijuana stocks are still where the long-term market is headed, Canadian marijuana stocks are in an extremely advantageous position to eke out massive gains—something I’ve been adamant about for a few weeks now.

And how I love it when the market proves me right.

Which isn’t to say that the larger marijuana market isn’t also well suited for gains (as…

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canadian marijuana stockCanadian Pot Stocks Surge: Can the Gains Be Sustained?

The marijuana market is having a great start to 2021. While we’d all like to see COVID-19 gone this year, pot stock bulls can at least celebrate the amazing run we’ve seen from marijuana stocks, particularly Canadian marijuana stocks. But can that run be sustained?

Short answer: absolutely. More complicated answer: there’s going to be volatility.

After all, we’ve seen these kinds of massive, sudden surges by pot stocks before. It almost always means huge gains for investors who get in early, and huge disappointments for investors who buy at the top of spike.

Having said that, even investors who’ve gotten in late on mini boom-bust cycles have been able to make large gains—if they didn’t mind having to suffer short-term losses and hold out for the long-term promise of the marijuana market.

Chart courtesy of StockCharts.com

Looking at the chart above, it’s hard not to salivate over pot stocks, especially Canadian pot stocks.

While U.S. marijuana stocks are still where the long-term market is headed, Canadian marijuana stocks are in an extremely advantageous position to eke out massive gains—something I’ve been adamant about for a few weeks now.

And how I love it when the market proves me right.

Which isn’t to say that the larger marijuana market isn’t also well suited for gains (as…

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