What’s Next for MSO Stocks in 2022?

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What’s Next for MSO Stocks in 2022?

Top cannabis MSOs continue to expand their footprints throughout the USA in 2022, taking more of the country’s cannabis market share in the process and boosting overall annual revenues. But what’s next for MSO stocks in 2022?

In 2022, MSO stocks have opened new stores, expanded production footprints and acquired additional operations in nascent, high-growth-potential markets.

Even large scale M&A returned, with Florida-based Trulieve Cannabis scooping up Arizona-headquartered Harvest Health & Recreation at an initial value of over $2 billion.

However, cannabis sales growth has since decreased after being propped up for months by COVID and millions in federal stimulus checks.

We saw top MSO stocks get a small bump on the news of the MORE Act passing the house. However, this bump was short lived due to the reality that cannabis reform will likely never pass the Senate.

In the months ahead, experts expect more industry consolidation and, likely, continued slow sales growth.

What does this mean for MSO stocks in 2022? With consolidation, we’ll continue to see a select few stocks appreciating in value. We’ll also see some of the smaller-cap cannabis stocks continue with sometimes massive intra-day swings.

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