Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

3 Cannabis Stocks You Can Buy and Hold for the Next Decade

TheMotleyFool

0 0

3 Cannabis Stocks You Can Buy and Hold for the Next Decade: https://g.foolcdn.com/editorial/images/716702/money.jpeg

Marijuana stocks had a difficult year. With the broader market falling, cannabis stocks took a bigger hit in 2022 due to the lack of progress toward federal legalization in the U.S.

But there is still hope for this industry. The industry is still in its infancy and has the potential to grow enormously over the next decade. According to MarketsandMarkets, this industry will be worth $83 billion by 2027 if it grows at a compounded annual growth rate (CAGR) of 24.3%.

Let's take a look at three cannabis businesses that are capable of benefiting from this opportunity.

Source Fool.com

Like: 0

IIPR

Share