After 5 Consecutive Quarterly Profits, This Marijuana Stock Turned in a Surprising Q4 Loss
The marijuana industry is on fire, and marijuana stocks certainly tell the tale. In many instances, the largest marijuana stocks (those with market caps in excess of $200 million) have vaulted higher by 100%, 200%, or even more, over the trailing 12 months.
There's a lot for investors to be excited about. For instance, the percentage of people who want to see cannabis legalized across the United States has more than doubled from 25% to 60% between 1995 and 2016, per Gallup. Growing acceptance and favorability toward recreational pot (favorability toward medical marijuana is even higher) has investors high on the hope that lawmakers will listen to their constituents and call for change on Capitol Hill.
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Source: Fool.com
