Are you looking for a cannabis stock that can double in value? The Horizons Marijuana Life Sciences ETF is already up more than 55% this year, and many stocks are trading at or near their highs. And that means finding an attractively priced investment in the industry isn't getting any easier.

However, there are a couple of pot stocks trading below $5 that you will want to put on your watchlist right now: Harvest Health & Recreation (OTC: HRVSF) and Auxly Cannabis Group (OTC: CBWTF). Given their modest valuations and attractive growth opportunities ahead, it wouldn't be surprising to see these stocks double in value within the next year.

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Source Fool.com