2 Pot Stocks That Can Easily Double in 2021
The last few months have worked wonders for the U.S. cannabis industry. After the November election, 36 U.S. states have now legalized medical marijuana and 15 allow recreational marijuana. And now that the Democrats have control of the Senate, hopes for federal marijuana legalization (or at least decriminalization) are high.
While the entire U.S. cannabis sector has been buoyed by these tailwinds, the fact remains that not all companies will prove to be good investments, even if legalization happens. However, I think I've found two fundamentally strong pot stocks, Innovative Industrial Properties (NYSE: IIPR) and Scotts Miracle-Gro (NYSE: SMG), which are better positioned than others to leverage excitement around pot and offer handsome returns to retail investors in 2021.
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Source Fool.com
