2 Best Marijuana Stocks to Own in 2021

Many marijuana stocks have enjoyed a great year in 2020. Despite the coronavirus pandemic, cannabis has been in high demand among customers, and many states deemed dispensaries to be essential businesses amid widespread lockdowns. And now, with four more states (Arizona, Montana, New Jersey, South Dakota) legalizing marijuana for recreational use and the economy potentially getting back to normal next year, 2021 could be another strong year for the industry, as the bullishness doesn't look to be ending anytime soon.

Two marijuana stocks that could be great buys in 2021 are Planet 13 (OTC: PLNH.F) and Trulieve Cannabis (OTC: TCNNF). While both stocks are doing great in 2020 and up more than 150% this year (compared to the Horizons Marijuana Life Sciences ETF, which is down 3%), it's still not too late to invest in these companies. Here's a closer look at why 2021 can be another great year for these stocks.

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Source Fool.com