These companies are built to flourish in a market void of federal legalization.
Predicting which marijuana companies will be the best investments 10 years from now is not easy. The market is growing, new companies go public, and there's an increase in mergers and acquisitions. Many marijuana companies' stock prices doubled between the U.S. presidential election in Nov. 2020 to shortly after the inauguration of the Biden administration in January, as investors anticipated progression toward legalization at the federal level. But after a year of stock price declines, Curaleaf Holdings (OTC:CURLF), Green Thumb Industries (OTC:GTBIF), and Verano Holdings (OTC:VRNO.F) make a strong case to be included in portfolios for years to come.