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“It could be a decisive year for cannabis;” I’ve heard that phrase many times before; it’s typically wishful thinking. 2022 though, is likely to be different and could be a major breakthrough for the industry. Moreover, with the market in a downturn, it’s perhaps the best time for investors to pick up undervalued marijuana stocks. That notion stems from the fact that the mid-term elections are coming up, and the House could probably flip. Moreover, it’s known that the GOP leadership hasn’t been too keen on cannabis legalization at the federal level. If we read through a recently published newsletter from Marijuana Moment, you’d get an understanding of how animated lawmakers have been in advancing cannabis protections. Having said that, let’s look at seven of the most enticing marijuana picks at this time. VRNOF Verano Holdings $6.7 CRON Cronos Group $3.04 CRLBF Cresco Labs $3.66 GRWG GrowGeneration $4.82 HITI High Tide $1.56 IIPR Innovative Industrial Properties $92.19 GTBIF Green Thumb Industries $10.03
These undervalued marijuana stocks are trading at multi-year lows despite consistently performing over and above analyst expectations.More From InvestorPlace
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