Cannabis stocks are emerging as fantastic investment options in 2024 for several reasons. One reason is the increased pressure on the American legislature to legalize it. Several states, such as Florida, are already preparing to vote on legalizing it. If this happens, other states could quickly follow suit.
With the amount of speculation and anticipation surrounding cannabis, it is no wonder cannabis stocks are becoming increasingly attractive investment options. The Biden administration has already teased the idea of legalization, announcing plans to reclassify cannabis from Schedule I to Schedule III. The general feeling is that it is only a matter of time before this happens.
That means there is no better time to buy cannabis stocks than now. With legislation just around the corner, cannabis stocks could experience a boom similar to tech stocks in the market. Here are three of the top undiscovered cannabis stocks you can buy while the hype is still low.
Trulieve Cannabis (TCNNF) Source: Leigh Trail / Shutterstock.com
Trulieve Cannabis (OTCMKTS:TCNNF) is an American medical cannabis company that specializes in producing and distributing medical and recreational cannabis and CBD products. The company operates out of Florida and has over 180 dispensaries in the state. Its products
