2 Soon-to-Be New Cannabis Stocks That Could Get Hot This Year

Cannabis stocks have been hot in recent months, and as a result, the Horizons Marijuana Life Sciences ETF has nearly doubled since November. With a new president in charge in Washington and more states voting in favor of marijuana reforms, there's growing optimism that federal legalization may not be too far away. But all that optimism has made pot stocks more expensive for investors who still want to buy them.

For growth investors worried that it may be too late to invest in cannabis stocks, there are a couple of new issues that should hit the markets later this year: Weedmaps and Verano Holdings. Let's look at both companies and consider why they could be great investments once they go public.

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Source Fool.com