3 Small-Cap Marijuana Stocks to Get on Your Radar
When it comes to the fastest-growing, and riskiest, industries in the stock market, none takes the cake like legal marijuana.
According to cannabis research firm The Arcview Group, legal sales in North America grew by 34% in 2016 to $6.9 billion, and they're on track to grow by 26% annually through 2021 to nearly $22 billion. Mind you, an estimated $46.4 billion in weed sales were conducted on the black market last year, giving legal channels ample opportunity to bring in new customers and revenue in the years to come. These rapidly growing sales figures have been a big reason that marijuana stocks have been popular investments of late.
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Source: Fool.com