GrowGeneration Emerges as Best Cannabis Stock of 2020
- Pot equipment sales and hopes of legalization propel stock
- Shares in hydroponic retailer soar 700% year to date
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GrowGeneration Corp., the largest hydroponic garden-center chain in North America, is on a tear worthy of its name.
The gardening supply company has gained over 700% so far this year, making it the best-performing cannabis stock of 2020 amid a sector-wide rally on hopes the U.S. is poised for federal legalization after the election.