The Sneaky Way Profitable Canadian Marijuana Stocks Are Suppressing Shareholder Value
Marijuana stocks could appropriately be described as the greatest thing since sliced bread for investors. With few exceptions, marijuana stocks have been trending decisively higher over the trailing-12-month period. In fact, of the one dozen largest pot stocks by market cap, the average marijuana stock is up well in excess of 100%.
It's not hard to see why cannabis investors are so excited, either. Both Gallup's 2016 survey and CBS News' April 2017 poll showed that a record number of respondents want to see weed legalized across the country. What's more, legal sales of marijuana have soared and are projected to keep flying in the years to come. Marijuana Business Daily's latest report, titled "Marijuana Business Factbook 2017," expects an aggregate of 300% growth in legal U.S. sales between 2016 and 2021, to approximately $17 billion.
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Source: Fool.com
