2 Top Marijuana Stocks to Watch in November

Marijuana is still illegal at the federal level in the U.S. But that hasn't stopped the American pot industry from evolving. Individual states have been independently legalizing cannabis to various degrees: 33 and D.C. have made medical cannabis use legal for some conditions, while 11 and D.C. have made recreational cannabis use legal too. In November's election, a few more states have legalization proposals on their ballots.

Some pundits see reasons for hope that federal legalization could occur by 2022, but either way, the future looks bright for two Illinois-based pot stocks: Green Thumb Industries (OTC: GTBIF) and Cresco Labs (OTC: CRLBF), which have established themselves as the best cannabis stocks to buy in November. Not only did they grew their revenues at remarkable rates, but they've also reported consistent EBITDA (earnings before income, tax, depreciation, and amortization). And their expansion plans amid the pandemic are commendable.

Image source: Getty Images.

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Source Fool.com