Cresco saw a whopping revenue jump of 323% in the third quarter, from $36.2 million to $153.2 million. In the third quarter, Green Thumb's revenue jumped by 131% year over year to $157.1 million.

Both have seen dazzling revenue growth over the past few quarters.

Taking advantage of this opportunity in their home state of Illinois are Green Thumb Industries and Cresco Labs. Let me tell you why investing in pot stocks will be the smartest decision you could make in 2021. In the past 12 months, the share prices of Illinois-based Green Thumb Industries ( GTBIF -0.38%) and Florida-based Trulieve Cannabis ( TCNNF -0.21%) have surged by a whopping 752% and 728%, respectively, while Chicago-based Cresco Labs ( CRLBF 4.20%) has gained 475%, wildly outperforming the S&P 500's gain of 65%. Three in particular, have caught my attention over the past year with their outstanding performance. cannabis companies - those with staggering revenue growth, rising and consistent profitability, and strong balance sheets - that could bring exceptional profit. Buying and holding the right marijuana stocks for the long haul will help you capture that growth for your own portfolio. But these over-the-counter stocks have more room to grow as the cannabis industry is rapidly evolving.Д¬annabis is still a nascent industry, but it's expanding fast. cannabis stocks, given that a lack of federal legalization keeps them from trading on the major exchanges. Many investors find it hard to go all in on U.S. The year 2020 was a good one for cannabis stocks, and 2021 is looking even better.

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