Ride The Cannabis Wave With These 3 Stocks
Zacks Investment Research | Dec 22, 2019 08:59PM ET
Lately, Canada-based diversified cannabis, hemp and cannabis device company Canopy Growth Corporation (NYSE:CGC) has been grabbing investor attention. The stock has surged 171% over the past three years, a trajectory that investors can only dream of. While this little-known stock has created a loud impact on the investment world, it is time for us to wake up to the latest buzz in healthcare — cannabis or marijuana.
Cannabis Grabbing the Global Market Fast
It has been more than a year now that medicinal and recreational use of cannabis or marijuana has been legalized in Canada. Although the U.S. federal law has been quite restrictive in prohibiting the use of marijuana to date, it has been legalized in 33 states, District of Columbia, Guam, Puerto Rico and U.S. Virgin Islands (the Zacks Investment Research
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