Like a Weed, This Marijuana Stock Catapulted Higher by 34% Last Week

If you’re an investor, chances are you’re well aware that it’s been tough to surpass the returns from marijuana stocks over the past year. In late June, the average trailing 12-month return of the dozen-largest marijuana stocks by market was better than 300%. While some of these stocks have since given up a portion of their gains, more pot stocks than not have at least doubled in value over the past year.

At the heart of this strong performance among pot stocks is rapid sales growth and a major shift in how the American public views cannabis. According to Marijuana Business Daily‘s most recent report, titled “Marijuana Business Factbook 2017,” the U.S. legal-weed market could grow by 300% between 2016 and 2021 to approximately $17 billion. That’s a lot of money that investors rightly can’t overlook.

A hemp farmer pruning his crop.

Image source: Getty Images.

Likewise, after 47

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