4 Top Marijuana Stocks to Buy in 2018
There have been few industries, if any, hotter than legal marijuana over the past couple of years, and investors have taken notice. The vast majority of marijuana stocks have witnessed their valuations double or triple over the past year.
The obvious reason for this bullishness is growth in the underlying sales of legal weed. ArcView, one of the premier cannabis research companies, noted growth in the North American market of 30% in 2016 to $6.9 billion. Even more intriguing, it sees compound annual growth pacing at roughly 26% per year through 2021. If this holds true, the North American legal-weed market would be worth $21.6 billion by 2021.
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Source: Fool.com