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As state-level cannabis legalization has gained significant traction, several multi-state operators have been able to capture these new markets and grow their sales significantly. With many cannabis operators now investing substantially to develop tech-enabled delivery solutions for adult-use cannabis, their markets are expected to continue growing.
Tilray, Inc. (TLRY) and Organigram Holdings Inc. (OGI) have been the best performing cannabis stocks in the first half of the year, capitalizing on industry tailwinds. So, we think it could be worth adding these stocks to one’s watchlist.