This Is the Top Marijuana Stock to Buy in December
Although all eyes are on tech stocks, it's marijuana that could give tech a run for its money in the growth department over the next decade. According to estimates from financial services company Canaccord Genuity, legal pot sales in the U.S. should double between 2020 and 2024 to $30 billion. Some Wall Street analysts projecting that U.S. legal weed sales could come in around $75 billion annually by 2030. That blazing-hot growth is bound to get investors' attention.
Unfortunately, not all marijuana stocks can be winners. We've watched several North American pot stocks (mostly Canadian ones) overextend their balance sheets or make poor decisions.
However, the top marijuana stock to buy in December hasn't fallen into any of the traps that largely plagued the industry's earliest players. If you're looking for superior growth prospects from a predominantly undiscovered gem in the cannabis space, now seems like the time to buy vertically integrated multistate operator (MSO) Jushi Holdings (OTC: JUSHF).
Source Fool.com
