Advertisement
Singapore markets closed

  • Straits Times Index

    3,176.51
    -11.15 (-0.35%)
     

  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     

  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     

  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     

  • Bitcoin USD

    64,196.17
    +980.32 (+1.55%)
     

  • CMC Crypto 200

    1,383.48
    +70.86 (+5.40%)
     

  • S&P 500

    4,958.52
    -52.60 (-1.05%)
     

  • Dow

    37,888.04
    +112.66 (+0.30%)
     

  • Nasdaq

    15,252.36
    -349.14 (-2.24%)
     

  • Gold

    2,410.50
    +12.50 (+0.52%)
     

  • Crude Oil

    83.07
    +0.34 (+0.41%)
     

  • 10-Yr Bond

    4.6170
    -0.0300 (-0.65%)
     

  • FTSE Bursa Malaysia

    1,547.57
    +2.81 (+0.18%)
     

  • Jakarta Composite Index

    7,087.32
    -79.50 (-1.11%)
     

  • PSE Index

    6,443.00
    -80.19 (-1.23%)
     

3 Cannabis Stocks to Buy and Hold for the Next 10 Years

Jim Halley, The Motley Fool
·5-min read
3 Cannabis Stocks to Buy and Hold for the Next 10 Years

It can be hard for investors to see anything good in the cannabis space through all the smoke of 2022's collapsing share prices. Thanks to the market's general malaise regarding the industry, at least three are selling at discounts and look likely to be great long-term holdings over the next decade: Trulieve Cannabis (OTC: TCNNF), NewLake Capital Partners (OTC: NLCP) and OrganiGram Holdings (NASDAQ: OGI). All three cannabis companies are trading at price-to-book ratios below what their assets would bring if sold off, and at lower ratios than other large cannabis companies such as Canopy Growth and Curaleaf Holdings.

Continue reading