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Everyone Is Missing 2023's Biggest Pot Stock Winner

TheMotleyFool

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Everyone Is Missing 2023's Biggest Pot Stock Winner: https://g.foolcdn.com/editorial/images/710504/weed-being-grown-indoors.jpg

According to Grandview Research, the cannabis market in the United States could grow from $13.2 billion this year to $40 billion in 2030. Cannabis is steadily being legalized state by state, and this momentum has investors turning over stones to find the industry's winning stocks.

But rather than try to pick the right horse, play the field by considering cannabis supplies retailer GrowGeneration (NASDAQ: GRWG). Probably no one is expecting much from the stock since it has fallen 90% from its high, but the company's fundamentals and recent performance could position it to be 2023's best pot stock.

Here is why it could deliver significant returns next year and beyond.

Source Fool.com

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