Wall Street's initial post-election excitement over the potential for federal legalization of marijuana has long since worn off. These days, investors are largely back to looking at the business opportunities that specific cannabis companies represent. Instead of hoping that a rising tide will lift all boats, they're seeking marijuana stocks that can ride the wave for the long term.
Green Thumb Industries (OTC: GTBIF) , Cresco Labs (OTC: CRLBF) , and Trulieve Cannabis (OTC: TCNNF) all qualify on that score, and at their current valuations, they appear to be discounted, offering investors even better chances for strong returns.
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3 Smart Cannabis Stocks to Buy While They're Cheap