Why Small Cannabis Stocks Matter – And Which Ones Deserve A Closer Look – Benzinga

Are the major cannabis players starting to lose their shine?

With seasoned cannabis investors, this may be the case. After all, with stocks such as Canopy Growth Corp (NYSE: CGC), Aphria Inc (OTC: APHQF), and OrganiGram Holdings Inc (OTC: OGRMF) all having delivered gains in excess of 1,000 percent over the past three years, one must consider how much higher these things can go.

In less than a month, legalization will take hold in Canada. And with all the enthusiasm and media coverage that comes with this, so too comes the conga line of “late-to-the-party” retail investors. This kind of thing can sometimes suggest the big money has already been made, and early investors are dumping their shares into the willing hands of those who think they just stumbled upon the next big thing.

Although there are still plenty of opportunities in the cannabis space, to suggest that those who are just now investing in the “Kings of Cannabis” are going to get rich right before Canada legalizes is, for lack of a better word, naive. In fact, many of those who were able to buy those cheap shares of Canopy Growth, Aphria, and OrganiGram three years ago, have since cashed in their chips and are now finding new, lesser-known cannabis stocks to invest in.

Small Companies, Big Returns?

Take Aleafia Health Inc (OTC: ALEAF), for instance. This is a company that runs the Canabo Medical Clinic, which is the largest network of medical cannabis clinics in Canada. It may not sound like the most exciting thing in the world, but the company treats more than 50,000 patients, is vertically-integrated and maintains its own licensed facilities. While most average investors have never heard of it, it’s been landing a lot of big deals that have gone completely under the radar.

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