These 2 Pot Stocks Are Winning the Most From New Legal Cannabis Markets
The New Year marked the beginning of recreational marijuana sales in Illinois. The state was already seeing a boom in medical marijuana, which it legalized in 2013, and now the recreational market is flourishing, too. Two marijuana companies, Green Thumb Industries (OTC: GTBIF) and Cresco Labs (OTC: CRLBF), are taking full advantage of the new legal cannabis market.
Illinois residents showed their love for marijuana products when sales soared to $39.2 million in January, the first month of legalization. The sales numbers have been strong since then, with $35 million in February and $36 million in March. April sales were strong at $37.3 million -- more than expected in a month of full lockdown -- hinting at the strong demand in the state.
Image source: Getty Images.
Source Fool.com
