5 Reasons Marijuana Stocks Were on Fire in 2017
Though most eyes were transfixed on the astronomical rise of cryptocurrencies this year, among traditional equities it was marijuana stocks that really impressed Wall Street. Of those pot stocks with a market cap of $200 million or higher, a majority have at least doubled in value this year.
You might be wondering what's behind the big rally in cannabis stocks? While a generally bullish market has certainly helped, there are five other considerably more prominent reasons behind the rally in marijuana stocks in 2017. In no particular order, here's what set pot stocks ablaze this year.
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Source: Fool.com