These 4 Marijuana Stocks All Jumped at Least 10% Last Week
The legal marijuana industry has been a monster in terms of growth, and marijuana stock investors have taken notice. In fact, a majority of pot stocks have doubled or tripled in value over the trailing 12 months.
It's not hard to see why investors are so excited about marijuana stocks. According to a recently released report from Marijuana Business Daily, titled "Marijuana Business Factbook 2017," sales of legal weed in the United States are expected to grow to between $5.1 billion and $6.1 billion this year, and another roughly 45% in 2018, before potentially topping $17 billion by 2021. Between 2016 and 2021, we're talking about approximately 300% legal sales growth. Between new states legalizing the drug, organic growth within legal states, and the opportunity to persuade black-market customers to move to legal channels, the perceived opportunity for marijuana stocks is enormous.
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Source: Fool.com
Cara Therapeutics Inc. Stock
Our community is currently high on Cara Therapeutics Inc. with 11 Buy predictions and 4 Sell predictions.
Based on the current price of 0.34 € the target price of 4 € shows a potential of 1069.59% for Cara Therapeutics Inc. which would more than double the current price.
