3 Cannabis Stocks to Buy Before Pennsylvania Approves Adult-Use Sales
Pennsylvania, with its 13 million residents, is the fifth-largest state and it could be the next big state to approve adult-use cannabis sales. The state's governor-elect, Josh Shapiro, said he would support adult-use sales, a position he had made clear going back to 2019 when he was the state's attorney general.
On top of that, Democrats, many of whom support adult-use legalization, will have control of the state's House, starting next year, for the first time in more than a decade. Then there's the FOMO (fear of missing out) factor as bordering states New Jersey, New York, and Maryland have approved adult-use sales and will reap the tax benefits from adult-use cannabis sales.
It's not a done deal yet, but now is a good time to buy three multi-state operators (MSOs) that already have significant operations in the state selling medical marijuana: Curaleaf (OTC: CURLF), Trulieve Cannabis (OTC: TCNNF), and Green Thumb Industries (OTC: GTBIF).
Source Fool.com
