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3 Top Cannabis Stocks to Watch in August


Cannabis stocks have had one heck of a volatile year. This group of equities easily outperformed the broader markets in the first half of 2019, but a spate of scandals and unexpected managerial shake-ups ultimately sent valuations crashing back to Earth during the summer months. 

Are there any clear-cut catalysts that could spark an industrywide turnaround this month? With this question in mind, we asked three of our Motley Fool contributors which top cannabis stocks they think investors should have on their radar screens in August. They picked Charlotte's Web Holdings (OTC: CWBHF), Canopy Growth Corp. (NYSE: CGC), and HEXO Corp. (NYSE: HEXO). Read on to find out why these three cannabis stocks arguably deserve your undivided attention this month.

Image source: Getty Images.

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