3 Undervalued Cannabis Stocks To Invest In Today

Cannabis stocks are very popular today. They are in high demand because cannabis is, and make for great investments.

Since cannabis stocks are widely popular, investing in them becomes easy. If you are looking to invest in them, here are 3 undervalued cannabis stocks to invest in.

3 Undervalued Cannabis Stocks To Invest In 2021

Cansortium Inc. (OTCM: CNTMF)

Based in Florida, Cansortium Inc. (OTCM: CNTMF) has its offices based in Pennsylvania and Michigan. With its stock priced at $0.78, Cansortium Inc. has a 574,300 share trading volume, which shows that its shares are easily tradable. Furthermore, the company has a market cap of $88.77 million, which shows the strength of the company.

Cansortium is undervalued today because of its outstanding debts. However, the company has enough to regulate and circulate money within the company which makes it shares sound and valuable.

Cansortium’s stock price is expected to rise between $3.00-$4.00 this year because of a rise in demand of cannabis in the United States. Being an older company and despite the emergence of new companies and higher facilitation prices for cannabis this year, Cansortium has and will continue to show positive/good trends. Cansortium Inc. is an undervalued stock but one that is worth your time and investment today.

OrganiGram Holdings (XTSE: OGI)

OrganiGram Holdings (XTSE: OGI) has been performing stably over the last one year, with its stock rising higher in the start of 2021. OrganiGram provides medical and recreational cannabis in Canada. Priced at $4.75, OrganiGram Holdings (XTSE: OGI) has been consistent in its performance in the last one year. Today, it stands at a value higher than what it was a year ago which gives you good reason to invest in it.

OrganiGram Holdings has an existing market capitalization of $1.103 billion, which shows the company’s credibility. As an investor looking to invest in something apprehensive and decent, OrganiGram Holdings (OGI) is a sound call.

OrganiGram Holdings (OGI) is a little undervalued because of the emergence of other cannabis companies in Canada and across borders that are offering fresh and new stock. However, due to its high market cap and stable performance, it is keeper for your investment baskets.

KushCo Holdings (OTCM: KSHB)

KushCo Holdings Inc. (OTCM: KSHB) stock is priced at $1.80 at the stock exchange today. A yearly performance of the company’s stock shows a subsequent increase in its stock performance in the last one year. From $1.41 to $1.80 today, KushCo Holdings (OTCM: KSHB) is an undervalued cannabis stock in the U.S. KushCo recently made a transition from walking away from smaller companies that cannot pay their bills and focused on bigger companies instead. Resultantly, their revenue fell short and the company got hit by corona challenges that slowed down their inventory deliveries.

While this undervalued KushCo Holdings stock, their business is still getting stronger. KushCo Holdings also had a little problem with their debt. However, after revealing that it can refinance its debt, KushCo Holdings has earned itself a good reputation. KushCo’s stock is affordable, it is going to act as a catalyst in the cannabis stock market in the future and it is a little undervalued which gives you a good reason to buy it because it might be in depreciation today but it will definitely appreciate in the near future.