This Recent Trend Is Great for Marijuana Stocks, but Not So Great for Consumers

This Recent Trend Is Great for Marijuana Stocks, but Not So Great for Consumers

Marijuana stocks have been on fire for the better part of a year now, and we certainly don't need to look hard to find reasons why.

For starters, legal marijuana sales are growing at an exceptionally quick pace. A recently released report from Marijuana Business Daily titled "Marijuana Business Factbook 2017" suggests that legal pot sales could grow by 45% in 2018, and roughly 300% between 2016 and 2021 to more than $17 billion. That alone has been enough to get investors excited about the industry's long-term prospects.

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Source: Fool.com