When it comes to top-performing industries, you’d have a tough time surpassing the returns of marijuana stocks. Of the 13 marijuana stocks with a market cap in excess of $200 million, over half have more than doubled in value over the trailing year.
Here’s why marijuana stock investors are seeing green
Why such bullishness for pot stocks? Look no further than rapidly changing public perceptions of cannabis, and legal weed sales growth.
National pollster Gallup has been keeping tabs on the public’s opinion of marijuana for nearly five decades. Back in the mid-1990s, marijuana wasn’t all too popular, with just 25% of the public calling for its nationwide legalization. As of 2016, an overwhelming 60% of the public now wants to see cannabis legalized, which represents an all-time high. Also, a separate