We've talked before about the dozens of different U.S. cannabis markets, and Florida is one of the biggest, most important, and richest right now. Florida cannabis dispensaries alone are on pace to do $1.2 billion in sales this year, and as much as $6 billion by 2030.
Now, Trulieve Cannabis Corp. is a huge player in the Sunshine State's medical cannabis market - around 50% of that $1.2 billion figure I mentioned will have been spent in the company's 91 retail locations there. Its $2.1 billion acquisition of Harvest Health and Recreation and operations in 10 other states also go a long way toward making it a top multistate operator (MSO) to own right now.
But let's get real: It's the low-hanging fruit. It's a fantastic stock, which is why we talk about it all the time, but a lot of these developments are priced in already.I want to name three stocks for you that are set to be huge players in this linchpin market – stocks with plenty of “headroom” for explosive growth.