CRON Stock and Other Cannabis Stocks Could See Higher Highs

by Newsfeed

Cannabis stocks like Cronos Group (NASDAQ:CRON) are seeing explosive highs this year. That makes CRON stock and other marijuana plays compelling investments to look at right now.

field of lush green marijuana plants with morning sun and mountain in background

Source: Shutterstock

What’s more, many states — such as Virginia — are already  legalizing cannabis. For instance, voters in New Jersey and Arizona decided to legalize the drug for adult recreational use while states like Mississippi have voted to legalize it for medicinal use. Now, there’s speculation that we could see federal legalization sometime in the near future.

So, it’s no wonder that cannabis stocks are hitting all-time highs. Here are some examples:

  • Canopy Growth (NASDAQ:CGC) just ran from $25 to a high of over $56
  • Hexo (NYSE:HEXO) ran from $4.50 to a high of about $11
  • Aurora Cannabis (NYSE:ACB) ran from $8…

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