It’s no secret that cannabis stocks are taking off in 2021 — especially when you consider that federal legalization is a very real possibility within the coming years.
And now, cannabis isn’t just for your high shenanigans — it can also go to work in making you money. That’s why we’re giving you the top 3 cannabis stocks to watch in 2021. Here we go!
Best Overall Value Cannabis Stock: Gibraltar Industries (ROCK)
Value at time of writing: $87.34 USD
Gibraltar Industries manufactures and provides products and services for the renewable energy and conversation markets, and they’re wading their way into cannabis. It’s Growing and Processing portfolio includes agricultural research and the cultivation of cannabis.
They’re a highly diversified investment, and if marijuana takes off, they could hit it big. Make sure to keep Gibraltar Industries on your radar, especially as more states move to legalize.
Fastest Growing: Jushi Holdings (JUSH.CX)
Value at time of writing: $7.22 USD
If you’re interested to get in on the ground floor of a Canadian company that has a chance for exponential growth, Jushi Holdings is a great bet. The company has got its hands on all stages of the cannabis industry, from retail to distribution to cultivation and processing. Their portfolio is focused on building branded cannabis and hemp-based assets, having their foot in both the recreational and medical sectors.
For a cheap stock that could really take off, keep Jushi Holdings in mind!
Most Momentum: Cresco Labs Inc. (CL.CX)
Value at time of writing: $13.80 USD
Operating in nine states, Cresco Labs is a consumer-packaged cannabis products company involved in growing, manufacturing, and the distribution of cannabis. They own all of their own production facilities, and hold 29 separate retail licenses. Needless to say, they’ve got a ton of momentum behind them.
One of their leading brands is FloraCal Farms, which provides some of the best flower available anywhere.
Don’t believe us? Try it for yourself for delivery or pickup at a dispensary near you. You’ll see why FloraCal Farms is leading the charge to fine cannabis consumption, and it’s all owned by Cresco Labs!