Over the trailing one-year period, more pot stocks than not (with a market cap of $200 million, or higher) have at least doubled in value, and some are up well over 300%.
However, this excitement surrounding pot, and what could arguably be the fastest growing industry in America, has also created some very volatile and emotional trading. Last week, two marijuana stocks skyrocketed by a double-digit percentage. Let’s take a closer look at the possible “why” behind these moves.