This Is the Top Marijuana Stock to Buy in November
The idea of buying any marijuana stock right now might seem less than appetizing. That's because over the past seven months, most brand-name pot stocks have lost half, or more, of their value.
Despite being a fast-growing industry, not even cannabis is without its growing pains. To our north, supply issues have slowed the uptake of legal cannabis purchases. Meanwhile, in recreationally legal U.S. states, high tax rates have constrained legal sales and given new life to black-market producers. The result has been generally weaker-than-expected operating results across the board, and the official bursting of the cannabis bubble.
However, as we turn the calendar to November, one marijuana stock stands head and shoulders above its peers as being a particularly intriguing value. While most Canadian pot stocks are better off left on the shelf and given time to mature at this point, OrganiGram Holdings (NASDAQ: OGI) may very well be worth buying right now.
Source Fool.com
