2 Best Cannabis Stocks to Buy in February
Not a whole lot has gone right for the legal cannabis industry over the past 10 months. Valuations across the space have absolutely cratered during this period thanks to a suite of headwinds such as burdensome tax rates, a stubbornly persistent black market, and a slew of highly questionable management decisions. Brighter days may be close at hand, though. A Bernie Sanders presidency -- while speculative to say the least -- would mean the immediate end to federal prohibition on cannabis in the United States. Moreover, Canada's so-called "Cannabis 2.0" has officially gotten under way, which should boost earnings among the country's top cultivators by mid-year.
Which cannabis stocks are the best buys in February? The two most attractive names within the realm of pure pot plays this month are easily Aphria (NYSE: APHA) and HEXO Corp. (NYSE: HEXO). Here's why these two Canadian cannabis stocks might be worth buying right now.
Image source: Getty Images.
Source Fool.com
