If I Could Buy Only 1 Marijuana Stock, This Would Be It — The Motley …

According to the Chinese, 2018 will be the year of the dog. When it comes to marijuana stocks, though, I don’t expect there will be too many dogs in 2018. Actually, I suspect this could be the best year ever for many marijuana stocks.

Yes, I fully realize that Jeff Sessions has rattled the U.S. marijuana industry. But there are stocks based in other countries that are available for trading in the United States. And there are marijuana stocks that the attorney general’s actions shouldn’t affect.

My prediction is that several Canadian marijuana stocks will generate huge returns this year, assuming everything stays on track with legalization of recreational marijuana in the country. Several cannabinoid-focused biotech stocks should also be winners. But which is the best marijuana stock to buy? If I could only buy one marijuana stock, it would be (drum roll, please) GW Pharmaceuticals (NASDAQ:GWPH). Here’s

... read more at: https://www.fool.com/investing/2018/01/15/if-i-could-buy-only-1-marijuana-stock-this-would-b.aspx