GTLS - Is The Valens Company or Chart Industries the Better Cannabis Stock?
The cannabis industry is fast-growing, and increasingly becoming legal. Five states voted on Election Day to legalize medical or recreational cannabis, pushing the number of states that allow medical cannabis to 35, and recreational cannabis is now legal at the state level in 15 U.S. states (though it's still illegal at the federal level in the U.S.).
As more markets open up to legal products, there will be even more opportunities for the best companies to win. Two that should be on investors' radar are The Valens Company (OTC: VLNCF) and Chart Industries (NASDAQ: GTLS) . Valens is a leading extractor of cannabidiol oils, such as CBD, that are then used to make products, while Chart manufactures cryogenic gas processing equipment for a variety of industries.
On Oct. 14, Motley Fool analyst Emily Flippen and Fool contributor Jason Hall, host of "The Wrap" on Motley Fool Live , discussed the prospects for both Valens and Chart in the cannabis space. Watch the video or read the transcript to learn more about these two companies and their prospects in the quickly changing cannabis landscape.
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Is The Valens Company or Chart Industries the Better Cannabis Stock?