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After Gaining 16% Early Last Week, This Marijuana Stock Quickly Kissed It All Goodbye

TheMotleyFool

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After Gaining 16% Early Last Week, This Marijuana Stock Quickly Kissed It All Goodbye

Few industries, if any, offer the type of growth that legal cannabis can bring to the table, which is a big reason why investors have flocked to marijuana stocks in droves. Many of the largest pot stocks have gained 100% or more over the trailing year.

The reason investors are so excited about marijuana stocks, aside from the fact that cannabis research firm ArcView believes the legal weed market can grow by 26% annually in North America through 2021, is the support pot is now receiving from the public.

Image source: Getty Images.

Source: Fool.com