It wasn’t all that long ago that billion-dollar U.S. cannabis companies were rarer than four-leaf clovers stuck on the horns of unicorns. That’s changed. Cresco Labs (OTC:CRLBF) and Trulieve Cannabis (OTC:TCNNF) are now among several U.S. cannabis companies that sport market caps of $1 billion or more.
Trulieve ranks as one of the top-performing marijuana stocks of 2020 so far. On the other hand, Cresco’s shares remain in negative territory year to date. But which of these stocks is the better pick for long-term investors?
Image source: Getty Images.
The case for Cresco Labs
Cresco Labs ranks as one of the biggest vertically integrated multi-state cannabis operators in the U.S. It’s also the largest branded cannabis-products wholesaler in the country. Cresco currently operates 19 retail locations…
