Is It Too Late to Invest in This Growth Stock?
The marijuana industry witnessed higher sales during the pandemic as many states legalized cannabis. At one point, all the bigger, multistate operators (MSOs), caught investors' attention. As with any evolving industry, the cannabis industry is also facing setbacks due to delays in legalization reforms at the federal level. However, one cannot deny the opportunities that lie ahead for this industry.
While all eyes are on the bigger players, many smaller companies often get sidelined. Nevada-based Planet 13 Holdings (OTC: PLNH.F), a vertically integrated cannabis producer, might be a smaller company by market cap, but it is playing a serious game. Its central marketing strategy, in particular, has caught investors' attention. Let's take a look at what it is, and why Planet 13 could be one amazing growth stock to buy for the long haul.
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Source Fool.com
