JAZZ - 2 Cannabis Stocks to Buy for the Long Haul
This has not been the year of marijuana stocks. Although that's not too surprising, as equity markets have been southbound, the industry has substantially lagged the broader market. Thankfully, there is hope for cannabis investors. While estimates vary, analysts have predicted that the pot industry will grow like a weed in the coming decade.
According to market research company Grand View Research, it will register a compound annual growth rate of 25.3% through 2030. Let's consider two stocks that could help investors profit from this opportunity: Jazz Pharmaceuticals (NASDAQ: JAZZ) and Innovative Industrial Properties (NYSE: IIPR) .
Data by YCharts .
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2 Cannabis Stocks to Buy for the Long Haul