3 of The Best Cannabis Stock Picks for 2020
Our analysts have identified 3 of the best cannabis stock picks for 2020.
We understand that it’s quite challenging to identify the best cannabis stocks to invest in for 2020. With the continued buzz around Canopy Growth Corp. (NYSE: CGC) and Aurora Cannabis (NYSE: ACB) stocks – many investors tend to miss other, smaller cannabis and hemp stocks which don’t get much attention but still offer great value and growth opportunities. However, with so many options, where should you invest?
Out of all the available cannabis investing opportunities, our analysts have identified 3 of the best cannabis stocks to watch in 2020 – these include GrowGeneration (Nasdaq: DRWG), Green Thumb Industries (OTC: GTBIF) and Curaleaf Holdings (OTC: CURLF).
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1. Grow Generation (Nasdaq: GRWG) retails hydroponic and organic specialty gardening products. This picks-and-shovels cannabis company owns and operates a chain retail hydroponic and gardening stores and an online e-commerce store, HeavyGardens. Although they do not deal directly with the cannabis plant, they do sell various products, including organic nutrients and soils, advanced lighting technology, hydroponic and aquaponic equipment, and other products needed to cultivate cannabis and hemp indoors and outdoors.
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2. Green Thumb Industries, Inc. (OTC: GTBIF) is an exciting Multi-state Operator (MSO) that engages in the manufacture and distribution of branded cannabis products. It operates through both Wholesale and Retail segments. The Wholesale segment includes cultivation, production, and sale of cannabis via retail stores, while the Retail segment consists of trading cannabis to patients and consumers.
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3. Curaleaf Holdings, Inc. (OTC: CURLF) engages in operating licensed, vertically-integrated cannabis businesses that cultivate, process and dispense cannabis and cannabis-derived products. The Cannabis segment focuses on the production and sale of cannabis, while the Non-Cannabis segment provides non-cannabis services to licensed cannabis operators in the areas of cultivation, extraction, and production, and retail operations.
About Cannin: Cannabis and Hemp Investment Experts
Market analysts expect the cannabis and hemp industry will have an annual value exceeding $75 Billion in the next decade. The time to invest in cannabis and hemp stocks is now! Are you looking to buy stock in hemp companies or cannabis companies? Interested in emerging penny pot stock companies? Looking for the best Canadian pot company to invest in? Cannin is your trusted resource for information about Cannabis and Hemp stock investment opportunities. Our global team of experts evaluates emerging cannabis stock investing companies. We aggregate hundreds of hours of research and distill it down to make it easy for our investors to understand. We provide tips on the best cannabis and hemp stock investments for 2020. We provide the latest hemp investment news and analysis. Visit our site for cannabis investing news and featured companies, sign up for the free Cannin Chronicle or get a free trial of our smart cannabis and hemp stock algorithm to take the guesswork out of profiting from this exciting industry. Predict the price of cannabis and hemp stocks hours in advance with our machine learning algorithm. Is it too late to invest in marijuana? No! This is the perfect time.
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