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3 Cannabis Stocks to Buy and Hold for the Next 10 Years


One sector that's undoubtedly gone from bubble territory to flat-out deflated is cannabis. Many producers saw valuations skyrocket upon the federal legalization of cannabis in Canada in late 2018. Of course, the ensuing bubble, which lasted for most of 2018 and some of 2019, is a mania many have moved past.

But this sector has also seen impressive uptake in recent years, growing at a respectable rate, with valuations that are (finally) starting to jibe with reality. There are some great growth opportunities to be had for investors with the patience to avoid looking at their portfolios on a day-to-day basis.

Here are three of the top cannabis stocks I think are worth buying and holding for the next decade.

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Source Fool.com

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