This Marijuana Stock Is Already Worth $1 Billion


Flickr / 401(K) 2012 / (CC BY-SA 2.0)

Medical marijuana use in the U.S. is picking up steam, but in Canada, the marijuana market is getting white hot, and that’s caused Canadian marijuana stocks like Canopy Growth Corporation (TSX:CGC)(NASDAQOTH:TWMJF) to soar to sky-high valuations. Can this marijuana stock keep climbing?

On the heels of marijuana advocates victories in key states like California last November, and in the face of Trudeau’s auspicious goal to legalize recreational market in Canada, investors sent Canopy Growth’s stock price skyrocketing last year.

View Original Article Here

Repost is the designation for articles collected from the Internet whose content may interest our readers. These articles are not written by our staff and they do not necessarily reflect our views.

Related posts