These 2 Pot Stocks Cost Less Than $3. Can They Double Your Money?
After voters in four states (Arizona, Montana, New Jersey, and South Dakota) chose to legalize recreational marijuana last November, the cannabis industry looks even hotter than usual -- especially given the optimism that under a Joe Biden administration, we could see marijuana reform at the federal level. It's an exciting time for the industry, and buying cheap pot stocks before they take off can be a way to significantly grow your portfolio's value.
Two pot stocks that aren't expensive buys today are Harvest Health (OTC: HRVSF) and OrganiGram (NASDAQ: OGI). Individually, you can buy a share of both companies for less than the cost of a cup of coffee each. It wasn't all that long ago that they were trading significantly higher; 2020 was a tough year for both businesses, with their share prices falling by more than 30%. Let's examine whether these stocks are likely to rebound in 2021, and whether they're good buys right now.
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Source Fool.com
