Chances are that you'd struggle to find a more impressive growth opportunity than legal marijuana. According to growth estimates from Wall Street investment bank Stifel, the legal weed industry could see worldwide sales soar from $10.9 billion in 2018 to perhaps as high as $200 billion a decade from now. That's enormous growth typically reserved for a technological advance, not the legalization of a plant. Nevertheless, it's bound to attract a lot of attention from investors.
Heralding the charge pretty much since the get-go has been Canopy Growth (NYSE: CGC), the largest marijuana stock in the world by market cap. With few exceptions -- e.g., Tilray's moon shot following its initial public offering last year -- Canopy has firmly planted itself as the biggest cannabis stock.
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