10 Reasons Planet 13 Is a Pot Stock You'll Want to Own in 2020
There's no sugarcoating it: Marijuana stocks had an awful 2019. After beginning the year ablaze, cannabis stocks ended the final nine months in a pretty steep downtrend. Plagued by supply issues in Canada and high tax rates in the U.S., cannabis stocks have felt the pressure of a resilient black market and ongoing bottom-line losses.
While most investors are, not surprisingly, a bit gun-shy about investing in pot stocks (and who could blame them after last year's performance?), there are a few standouts in the industry. Perhaps most interesting is that these exceptions aren't always the largest companies or best-known names. If you do some digging, I believe you'll see that small-cap, vertically integrated multistate operator (MSO) Planet 13 Holdings (OTC: PLNHF) is one of the best buys in the cannabis space in 2020.
Best of all, there's not a reason or three I feel this way. Instead, there are 10 reasons Planet 13 is a pot stock you'll want to own.
Source Fool.com
