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3 Little-Known Cannabis Stocks to Buy Right Now


NewLake Capital Partners (OTC: NLCP), Village Farms International (NASDAQ: VFF) and Hydrofarm Holdings Group (NASDAQ: HYFM) are not as well known as many other cannabis companies, but all three small-cap stocks have significant growth potential. They also have less exposure to the vagaries of marijuana prices or sales.

NewLake is a real estate investment trust that leases out growing facilities, processing facilities, and dispensaries to cannabis companies. Village Farms International is one of the largest greenhouse growers in North America and its subsidiary, Pure Sunfarms, is one of the largest cannabis-related operations in the world. Hydrofarm Holdings sells an array of controlled-growing products that can be used for many crops, including marijuana.

Image source: Getty Images.

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Source Fool.com

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