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2 Inexpensive Marijuana Stocks That Could Quadruple in Price

Submitted by Marijuana News on Fri, 10/14/2016 - 09:01

California and five other states will vote on whether to legalize recreational marijuana this November. In addition, Arkansas and Florida will vote on whether to legalize marijuana for medical purposes. 

Marijuana usage is on the rise. 

Consider that over the last 30 days, the S&P 500 has fallen 2.5% from 2,186.5 to 2133. Yet over that same period, the North American Marijuana Index increased 42%. Investors might want to add marijuana stocks to their portfolios. 

Canopy Growth (CGC.TO) and Aurora Cannabis (ACBFF) are two of the 23 constituents that form the Marijuana Index. These companies already have racked up market-beating gains, which will continue in November and beyond if marijuana legalization is successful. Watch these stocks and be ready to buy on dips as volatile markets head into earnings season.

A vote to legalize in California and Florida could have a major impact nationally on the...

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