2 Under-the-Radar Cannabis Stocks to Buy Right Now
Some of the best growth stocks in the cannabis sector tend are the least accessible. Many are trading on Canadian exchanges and listed on over-the-counter (OTC) markets, which some brokers, including Robinhood, don't have access to. For investors willing to pay the occasional fee and use more conventional platforms, investing in international and OTC stocks can reap huge rewards. Over the last 12 months, shares of Valens Company (TSX: VLNS)(OTC: VLNCF) and Planet 13 Holdings (CNSX: PLTH)(OTC: PLNH.F) are up 92% and 459%, respectively. Let's see what's behind these under-the-radar stocks' momentum.
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Valens is a pot grower with a sizable stake in Canada's cannabis 2.0 industry. Currently, its sales of cannabis-infused beverages, vapes, edibles, and concentrates account for just over 5% of all volume in the country.
Source Fool.com