3 Top Marijuana Stocks to Buy Now -- Plus 2 Bonus Ideas
Marijuana stocks have been on a tear because of legalization tailwinds, but there could still be more running room ahead for cannabis companies. If you're hunting for marijuana stocks to add to your portfolio, it could be a good time to consider buying top pure-play marijuana stocks Canopy Growth (NASDAQOTH: TWMJF), Aphria Inc. (NASDAQOTH: APHQF), and GW Pharmaceuticals (NASDAQ: GWPH). Or if you're looking for a less risky way to benefit from growing demand for marijuana, it might be smart to add Scotts Miracle-Gro (NYSE: SMG) or Constellation Brands (NYSE: STZ) to your holdings. Here's why the marijuana market is so intriguing, how big the opportunity could be, and why these stocks are top stocks to own.
Marijuana legalization on a state-by-state basis catches all the headlines, but the marijuana opportunity is global. In addition to progress that's being made creating marijuana markets in states like Colorado, entire countries, including Canada and Germany, represent massive, multibillion-dollar marijuana opportunities.
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Source: Fool.com
