3 Pot Stocks to Flat-Out Avoid in 2021
Marijuana stocks have been on fire as of late, with four U.S. states -- New Jersey, Arizona, South Dakota, and Montana -- all legalizing recreational marijuana in the November elections. And now that Democrats have won control of the Senate, it is very likely that the nation could be on the path toward decriminalization of marijuana -- or even full legalization at the federal level.
As legalization efforts smolder in the U.S., investors should be on the lookout for well-established cannabis companies that can turn a profit while simultaneously achieving high revenue growth. There's no good reason to buy into marijuana businesses that are bleeding much-needed cash quarter after quarter. Let's take a look at three pot stocks you should definitely avoid.
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Source Fool.com
