3 Best Cannabis Stocks to Buy for February 2022
While cannabis stocks are poised to deliver market-beating returns – many are currently suffering in a major way. Despite this, there are still several cannabis stocks that will provide investors with market-beating returns. But how do investors know the best cannabis stocks to buy? Algorithmic trading is the answer and CanninBot is the solution.
CanninBot uses the latest in machine learning technology to evaluate 450 cannabis stocks based on the 10 most effective technical indicators – giving you the strongest stocks to buy for any given time period. So what are the 3 best cannabis stocks to buy for February 2022?
#1 Best Cannabis Stock for February: Zynerba Pharmaceuticals (ZYNE)
Zynerba Pharmaceuticals is dedicated to developing next-generation transdermally-delivered cannabinoid therapeutics for patients affected by rare and near-rare neuropsychiatric conditions. The company has an excellent niche in the space as the diseases they treat have few, if any, treatment options. Zynerba is committed to developing breakthrough therapies to transform the quality of lives of patients and their families as they battle these conditions.
Related: Zynerba: Why Did This Hemp Stock Gain 17% Overnight?
Why is Zynerba one of the 3 best cannabis stocks to buy for February? Well, based on the price targets generated by 4 Cannin Analysts, the average 12 month price forecast has been given a strong-buy rating with 150% returns and an attractive upside of 240% returns. This makes Zynerba one of the 3 best cannabis stocks to buy for February 2022.
#2 Best Cannabis Stock for February: Cresco Labs (CRLBF)
As one of the largest multi-state, vertically integrated cannabis companies, Cresco Labs controls cultivation, manufacturing, extraction and packaging practices. Cresco Labs is involved at every point in the seed-to-sales process. The company’s facilities are powered by world-class agronomists, manufacturing experts and state-of-the-art agricultural equipment, all of which drive a commitment to quality, purity and consistency. Cresco packages, ships and distributes products nationwide, including locations owned and operated by Cresco’s team.
Why is Cresco Labs one of the 3 best cannabis stocks to buy for February? Well, based on the price targets generated by 6 Cannin Analysts, the average 12 month price forecast has been given a strong-buy rating with 120% returns and an attractive upside of 267% returns. This makes Cresco Labs one of the 3 best cannabis stocks to buy for February 2022.
#3 Best Cannabis Stock for February: TILT Holdings (TLLTF)
TILT Holdings Inc. is a vertically-integrated technology and infrastructure company that provides products and services in the cannabis industry. The company offers same-day delivery for retailers, wholesalers and consumers in four states. TILT Holdings serves customers in the U.S., Canada, Puerto Rico and Jamaica.
Why is TILT Holdings one of the 3 best cannabis stocks to buy for February? Well, based on the price targets generated by 5 Cannin Analysts, the average 12 month price forecast has been given a strong-buy rating with near 100% returns and an attractive upside of nearly 300% returns. This makes TILT Holdings one of the 3 best cannabis stocks to buy for February 2022.
3 Best Cannabis Stocks to Buy for February 2022
About Cannin: Your Cannabis Stocks Resource
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Market analysts expect the marijuana and hemp industry will have an annual value exceeding $75 Billion in the next decade. Is it too late to invest in marijuana stocks? No! This is the perfect time to invest.
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