3 Cannabis Stocks That Are Better Buys Than Dogecoin

While cryptocurrencies have intrigued at least a portion of the public -- including people who don't typically invest in stocks -- it was tweets from Tesla CEO Elon Musk, billionaire entrepreneur Mark Cuban, and rap icon Snoop Dogg that cemented Dogecoin's reputation as the so-called "people's currency."

So the token that started as a joke has turned into a serious business. But considering that one of Dogecoin's co-creators still believes it's all smoke and mirrors, investors might want to put their money in something a little more grounded and tangible. Something, for example, like the legal cannabis industry, which is still just beginning to develop toward its full potential.

We asked three of our contributors to suggest marijuana stocks that would make better investments right now than Dogecoin. Their picks: GrowGeneration (NASDAQ: GRWG), Ayr Wellness (OTC: AYRW.F), and Columbia Care (OTC: CCHWF). 

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Source Fool.com