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Home 🌿 Marijuana Business News 🌿 US: Why Investing in Cannabis Stocks Will Be So Profitable in 2017 🌿US: Why Investing in Cannabis Stocks Will Be So Profitable in 2017
Investing in cannabis stocks is being called the "gold rush" of the 21st century. That's because legal marijuana sales in North America climbed to $6.7 billion in 2016.
As impressive as that sounds, sales are only expected to climb…
By 2021, legal marijuana sales in North America are expected to reach $20.2 billion. That's a sales increase of 201% in just four years.
While investing in marijuana stocks can be profitable, it's important to understand they are speculative investments right now.
That's because marijuana is still illegal under U.S. federal law.
However, with 28 states having some type of marijuana legalization law in place, medical legalization will become the norm.
Because of legalization efforts across the country and in Canada, these are the top cannabis stocks we are watching in 2017…
Top Cannabis Stocks to Watch in 2017
One of the top cannabis stocks to watch in 2017 is GW Pharmaceuticals Plc. (Nasdaq ADR: GWPH)....
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