3 Cannabis Stocks That Can Cash In on New York's Legal Pot Market

The big news in the cannabis industry this year is that New York has legalized marijuana for recreational use, making it the 15th state to do so. It likely won't be until sometime next year that recreational sales commence, but for investors, it's not too early to start thinking about which companies will capitalize on what's sure to be the next hot market for the industry.

There will likely be a surge in companies looking to make moves in New York in the coming months. However, three stocks that already have a presence in the state and that could be among the big winners from this news are Cresco Labs (OTC: CRLBF), Green Thumb Industries (OTC: GTBIF), and Columbia Care (OTC: CCHWF). And now may be a great time to invest in them.

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Source Fool.com