2 Pot Stocks That Could Soar in 2020
Many pot stocks are struggling to stay afloat this year, and many will have to shut down due to COVID-19 and the recession that the pandemic has caused. But for the industry leaders and companies that have been performing well, 2020 could be a year when they set themselves further apart from the pack. Below are two dominant players that could soon become scorching-hot buys.
Trulieve Cannabis (OTC: TCNNF) has always been one of the safer pot stocks to invest in, for many reasons. First and foremost is the company's focus on the Florida medical marijuana market. It's one of the hottest pot markets outside of California; Florida's a popular state for seniors, and it has more than 350,000 registered medical marijuana patients. And with only two of the company's 52 dispensaries located outside the Sunshine State, it's at the core of Trulieve's strategy.
Source Fool.com