CCHWF - 3 Cannabis Stocks You Can Buy and Hold for the Next Decade
Cannabis stocks had a rough 2021 and don't seem to be faring that much better so far in 2022. Take a look at two popular cannabis ETFs: the ETFMG Alternative Harvest ETF is down more than 62% over the past year and more than 15% so far this year, and the AdvisorShares Pure Cannabis ETF is down more than 63% over the past year and down more than 24% this year.
There's little question the tide of marijuana legalization means that there are some stocks in the sector that will eventually succeed quite well. The trick is to find the right ones and be patient -- without losing your shirt in the meantime.
Trulieve Cannabis (OTC: TCNNF) , Columbia Care (OTC: CCHWF) , and AFC Gamma (NASDAQ: AFCG) all fit the bill for good long-term holds in the cannabis sector, regardless of what their share price is this week.
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3 Cannabis Stocks You Can Buy and Hold for the Next Decade