Marijuana is big business. First legalized for medical reasons in California way back in 1996, recreational use is now A-OK in over 18 U.S. states, with the global market set to hit $300 billion by 2030. Today, a whole industry has emerged dedicated to medical research as well as the creation and selling of products using cannabis oil, CBD or hemp in oils, foods, face creams and vapes. Question is, how high is all this pot going to take your portfolio?
This is a curated list featuring the biggest US and Canadian marijuana stocks between $300m and $1bn market cap, not including hydroponics/farming or non-specialist pharmaceutical firms. This is not advice. You should always do your own research before placing a trade. And it's probably not a great idea to smoke marijuana while you're trading, or while you're operating heavy machinery, and certainly not both at the same time.