YOLO - Green Thumb Industries Is Looking Very Green

(Pexels)

Pot stocks have been on a wild ride over the past few years. Most went public shortly after the 2016-2018 wave of recreational legalization in many states and countries, but subsequently lost the majority of their value. Interestingly, many have seen very strong rebounds this year, as the COVID-19 pandemic has spurred a material increase in sales as many consumers stocked up.

This has boosted pot stock prices, as you can see in the AdvisorShares Pure Cannabis ETF (YOLO) below:

Data by YCharts

Green Thumb Industries (GTBIF)

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