Two Cannabis stocks that definitely need to be on your watchlist
Cresco Labs and Curaleaf are among the most promising cannabis stocks of the summer.

If you had invested in marijuana stocks three months ago, you would have been rewarded with some very solid gains. The cannabis industry has seen broad double-digit percentage gains since mid-March. For those who don't know, there is only one reason for these wins, namely Covid-19. While most of the world has been affected by the negative effects of this terrible pandemic, marijuana stocks have even increased in recent months. Since the beginning of COVID, more and more people around the world have stayed at home. This has led to an increase in the demand for marijuana in areas where it is legal. For this reason, the large stocks of cannabis have reported financial figures that are well above expectations. We continue to observe many pot stocks, the value of which has skyrocketed. While this growth may not be sustainable in the short term, it seems that demand will only continue to grow. For this reason, it is worthwhile to find several pot stocks to watch in the future. While there are many factors to consider when looking for one of these pot stocks, these two pot stocks can help you build your list. A leading MSO pot stock to watch Curaleaf Holdings Inc. (CURLF Stock Report) is one of the most popular marijuana stocks in the industry. As it is a cannabis retailer, the CURLF inventory has increased dramatically in recent months. CURLF shares have been experiencing an upswing for some time now as the company is one of the three largest MSOs in the United States. In addition, it recently announced that it has completed the acquisition of the pharmacy owner, Grassroots. The goal of this acquisition was to significantly increase CURLF's exposure to the U.S. cannabis industry. And with that goal achieved, Curaleaf now has access to 23 states that currently have nearly 90 dispensaries in operation. In addition, Curaleaf has over 1.5 million square meters of acreage across the country. This means the company can continue to move towards an extremely large, vertically integrated MSO pot warehouse. For these reasons, Curaleaf remains one of the most popular marijuana stocks in the cannabis industry. Another US-based multi-state operator of marijuana supply Cresco Labs Inc. is another leading MSO from the United States. While not as big as Curaleaf, the CRLBF stock has made some significant progress in the US market for MSO. The company recently released its first quarter results, which report sales of over $ 65 million. These sales represent a nearly 60% increase over the previous quarter in CRLBF stock. While these sales are impressive, what's even more impressive is that CRLBF stock has seen sales growth over the past four quarters. For this reason, many continue to believe that the CRLBF share could be a big winner in the next few years. While many other pharmacy operators have chosen to expand their markets, Cresco has focused heavily on Illinois. This strategy has paid off as Cresco is one of the largest pharmacy operators in the state. The company recently opened its eighth retail store in the state, bringing the total number of stores in the United States to 18. For this reason, Cresco Labs remains one of the most interesting marijuana stocks to watch.

