3 Top Cannabis Stocks to Buy for March
Investing in the cannabis sector can seem risky these days, as the Horizons Marijuana Life Sciences ETF has plummeted more than 50% in just one year, while the S&P 500 has risen by 13%. No excitement on the legalization front and investors growing jittery amid the potential for several interest rate increases this year has sent them looking for shelter in safer, more value-oriented investments.
But if you're willing to stick with the cannabis industry for the long haul, there could be some incredible opportunities to buy some promising stocks right now. Columbia Care (OTC: CCHWF), Cresco Labs (OTC: CRLBF), and GrowGeneration (NASDAQ: GRWG) are all trading near their 52-week lows. And these businesses could see much better days as the industry expands in the years ahead.
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Source Fool.com
