An In-Depth Look at U.S. Marijuana Dispensary Stocks
The legal marijuana industry is growing by leaps and bounds, but this growth isn't simply confined to Canada. Even though the U.S. federal government has thus far been unwavering on its classification of cannabis as a Schedule I (i.e., illicit) substance, the legalization of medical marijuana in 33 states, along with 10 U.S. states giving the green light for adult consumption, has led to a rapid rise in sales. At this point, federal legalization isn't a necessity for marijuana stock investors focusing on the United States to make money.
There's perhaps no niche where growth has been more robust for publicly traded pot stocks than among vertically integrated marijuana dispensary stocks. There are currently 10 prominent publicly traded dispensary stocks, eight of which have operations in multiple states.
To be frank, this is a fast-paced and somewhat confusing subcategory of the U.S. cannabis industry. As such, it deserves a much closer look. Consider this your 411 on the biggest and most important names in the U.S. marijuana dispensary space.
Source Fool.com
