A List of Marijuana Stocks to Watch in 2017
Marijuana stocks continue to be on our radar after legal cannabis sales topped $6.7 billion in North America in 2016.
But as impressive as that sounds, we are even more excited now because of the future growth prospects of the industry.
According to Fortune, legal marijuana sales could reach $21.8 billion by 2020.
That’s a 225% increase in just four years.
Now, it’s true marijuana is still illegal under U.S. federal law. Plus, most marijuana stocks are penny stocks, and penny stocks are speculative investments.
But as more U.S. states and countries like Canada consider legalizing cannabis, investing in marijuana stocks will become less taboo for most investors. And with massive sales, marijuana stock prices will skyrocket.
That’s why we’re providing readers with a list of 50 marijuana stocks to watch.
These marijuana stocks are from every ecosystem – growers, edibles, dispensaries, and more. This list will also show the market cap of each company as well as the average 30-day trading volume (as of Jan. 11).
And as a service to Money Morning readers, we’re also making available a 90-page cannabis investing guide called The Roadmap to Marijuana Millions.
You can learn more about that opportunity after the list.