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This Billionaire-Backed Cannabis Company Could Be the Next Big Pot Stock


If you're worried that you've missed the boat on the cannabis industry, fear not -- the sector is still in its early growth stages, and as more states and countries legalize marijuana, more opportunities will open up. This also means that more companies will go public, giving investors the ability to buy early and potentially secure some great returns later on. The key, then, is finding the right business to invest in.

One company investors will want to keep an eye on is Parallel, which owns Florida dispensary line Surterra Wellness. And one thing that makes its business stand out from other cannabis companies is the big name behind it: Wrigley.

Image source: Getty Images.

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Source Fool.com

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