CRLBF - 3 Cannabis Stocks to Buy and Hold for the Next 10 Years
Investing in cannabis stocks can seem riskier than it really is. While marijuana remains illegal at the federal level, it's really only a matter of time before that changes. After all, support for the legalization of marijuana is at an all-time high, with more than 90% of Americans believing that cannabis should be legal for either medicinal or recreational use, according to a Pew Research survey last year. Whether it's two years, four years, or more before legalization takes place, at this point, it's more of a question of when rather than if it will happen.
That's why I'm comfortable in saying that multiple pot stocks should be solid buys to hang on to over the next decade. After all, buying before legalization takes place and more opportunities arise could lead to better returns later on.
Three marijuana stocks that are among the best to buy and hold right now are Innovative Industrial Properties (NYSE: IIPR) , Green Thumb Industries (OTC: GTBIF) , and Cresco Labs (OTC: CRLBF) .
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3 Cannabis Stocks to Buy and Hold for the Next 10 Years