VFF - 3 Unusual Marijuana Stocks to Buy Now
By 2025, the U.S. marijuana market could be worth as much as $25 billion a year in terms of annual sales. That is a massive increase over the $19 billion market opportunity today, making marijuana one of the fastest-growing industries the nation has ever witnessed. As a result, many investors have turned their attention to marijuana stocks in anticipation of this Wild West-like opportunity.
When we think of marijuana stocks, we tend to think of growers, the companies that sell their pot directly to consumers or for business wholesale. But that's only a part of how the industry's money is made. In fact, three less straightforward cannabis companies -- Village Farms International (NASDAQ: VFF) , GrowGeneration (NASDAQ: GRWG) , and Innovative Industrial Properties (NYSE: IIPR) -- have all seen their stock prices rise between 186% and 1,330% over the past 12 months. Let's see how they can add weight to your portfolio.
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3 Unusual Marijuana Stocks to Buy Now