The 3 Best Marijuana Stocks to Buy Right Now
There's no reason to search for potential growth stocks in marijuana -- not when some companies are already showing success. GrowGeneration (NASDAQ: GRWG), Innovative Industrial Properties (NYSE: IIPR), and Trulieve (OTC: TCNNF) are solidly profitable businesses, and all three are positioned to blossom as more states open up medical and recreational cannabis sales. Each company should also benefit from the expansion of marijuana sales, but for different reasons because they represent different parts of the cannabis industry.
GrowGeneration's shares are up more than 958% in the past year, Trulieve is up more than 378%, and IIPR is up 132% -- and that's just a start. Thirty-six states already allow some type of marijuana sales, and as the other states find themselves strapped for cash because of the coronavirus pandemic, they too may gladly reach for the tax dollars from cannabis.
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Source Fool.com
