Better Marijuana Stock: Cresco Labs vs. Canopy Growth
Cannabis is illegal at the federal level in the U.S. That makes it difficult for Canadian companies to expand in the market. But that hasn't stopped domestic players from spreading their roots. Even with a limited legal market, U.S. cannabis companies are thriving as state legalization keeps ramping up. Among them, Illinois-based Cresco Labs (OTC: CRLBF), with a market cap of $2.1 billion, is shining its way through the list of top contenders in the cannabis space.
Even though Canopy Growth (NASDAQ: CGC) is a strong company and also bigger (with a market cap of $5.3 billion), there are other factors to consider before investing. Let's take a look at which pot stock is the right one to put your money in at the moment.
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Source Fool.com
