Down 58%, Wall Street Thinks This Growth Stock Could More Than Double

Many marijuana stocks might be underappreciated at the moment because of market pessimism about cannabis reforms in the U.S. But these growth stocks are part of a nascent industry that hasn't reached its full potential yet. Experts predict the industry could double in value to $72 billion by 2030. This sector is perfect for investors who have a long-term investment horizon.

With a little patience, these exciting stocks could bring huge returns over the long haul. Even in a limited legal U.S. market, where the drug is prohibited at the federal level, Massachusetts-based cannabis grower Curaleaf Holdings (OTC: CURLF) has generated close to $1.2 billion in revenue over the last 12 months, outshining its peers. Let's dig into why buying this pot stock on the dip now could be favorable for investors.

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Source Fool.com