2 Top Marijuana Stocks to Buy for the Long Haul
Investing in the cannabis industry for the long haul can be a decision that you thank yourself for later on. The simple reason is that there is significant growth potential there. According to marijuana research company BDSA, the global cannabis market will be worth more than $62 billion by 2026, growing at a compounded annual growth rate (CAGR) of over 15% until then. But those numbers could go even higher as more places pass legislation that permits marijuana for medical or recreational use.
There's a lot of growth ahead, and if you're willing to just buy and hold for several years, two cannabis stocks worth considering today are Canopy Growth (NASDAQ: CGC) and Jazz Pharmaceuticals (NASDAQ: JAZZ).
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Source Fool.com
