2 Small Cannabis Companies Showing Huge Gains
The market hasn't been kind lately to cannabis stocks, with several cannabis ETFs down 14% to 15% over the past six months. MariMed (OTC: MRMD) and Gage Growth (OTC: GAEG.F) are both bucking that trend, however -- these two small-cap stocks have both shown phenomenal growth this year. MariMed is up more than 70% for the year, while Gage is up more than 3% since its debut in April on the Canadian Securities Exchange. Nonetheless, the current situation presents a buying opportunity, as both are more than 24% below their highs for 2021.
MariMed and Gage have forecasted revenue growth this year of at least double what they achieved in 2020, and I'm excited by how far they've come in the past year.
Image source: Getty Images.
Source Fool.com
