2 Top Marijuana Stocks to Buy in January

Marijuana stocks have been on fire lately. Many investors are hoping that a Democratic-controlled senate will steer the U.S. on the path to decriminalization -- or even to legalization of the drug at the federal level. If -- and it's a big "if" -- legalization did happen, it would create the world's biggest cannabis industry with over $100 billion in annual sales.

In the past month, the Horizons Medical Marijuana Life Sciences ETF (TSX: HMMJ), a leading indicator of pot stocks, is already up over 12%. That's just below the S&P 500's 12.8% return over the same period. Given all the enthusiasm, let's take a look at two of the best marijuana companies to choose from this January. 

Image source: Getty Images.

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Source Fool.com