Better Know a Marijuana Stock: MedReleaf Corp.
With the exception of the internet boom in the late 1990s, you'd struggle to find an industry with long-term growth potential as high as legal weed -- and marijuana stock investors have taken notice.
Depending on your preferred source, the legal weed industry has the potential to grow by an average of 23% to 27% on an annual basis over the next five to 10 years. However, a pretty clear consensus among the various reports estimating growth in the legal pot industry suggest that U.S. sales are poised to triple or quadruple between 2016-2017 and 2021. It's certainly not hard to get excited about an industry with sustainable growth of around 25% per year.
However, investing in marijuana stocks isn't necessarily easy given that there are dozens to choose from. Emotions surround the pot industry are also running high, meaning investors may be buying into marijuana stocks without fully understand...
