2 Best Cannabis Stocks to Own in 2020
Marijuana stocks are once again at the top of investors' watchlists, after several catalysts recently propelled shares of a slew of industry players. First of all, sales of legalized cannabis surpassed black market revenue for the first time in Canada during Q3 2020 this summer. The growing competitiveness of legal producers means they will be able to convert consumers from an illicit market that is worth up to CA$7 billion.
Second, on Tuesday, Arizona, Montana, New Jersey, and South Dakota became the newest states to legalization recreational cannabis. Mississippi also approved the drug for medical use. As the cannabis sector begins to boom in the U.S. and Canada, there might never have been a better time to start investing in pot stocks. Today, let's look at two top businesses to consider adding to your marijuana portfolio in case the upswing continues.
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Source Fool.com
