CRLBF - Buy These 3 Marijuana Stocks According to Wall Street
Even though marijuana stocks haven't had investors seeing much green of late, it's an industry with nearly unparalleled growth opportunities over the next decade. After more than tripling worldwide sales between 2014 and 2018 to $10.9 billion, according to Arcview Market Research and BDS Analytics, the global pot industry looks to be on track for anywhere from $50 billion to $200 billion in annual sales in roughly a decade's time.
On Wall Street, one of the industry's biggest proponents has been Cowen Group (NASDAQ: COWN) and covering analyst Vivien Azer. Initially calling for $50 billion in sales by 2026, Azer upped her firm's estimate in April 2018 to $75 billion in worldwide sales by 2030.
Of course, the big question remains: Which pot stocks to buy?