As more states legalize marijuana, U.S. marijuana sales are expected to at least triple by 2024. Having already doubled in the last four years, and with growth expected to accelerate as legalization spreads, the marijuana industry is one of the fastest-growing markets in the country.
And yet marijuana stocks, on the heels of a monster, two-year crash that was partly the result of rampant legalization already being priced in, trade at about 31% of where they were more than two and a half years ago, even after a big run-up in recent times.
Thus, over the next several years, marijuana stocks could outpace just about any other growth sector out there.
Which marijuana stocks should you invest in today?
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