The marijuana industry projects as a big-money business. Already on track for more than $14 billion in legal global sales in 2019, various Wall Street forecasts have opined that cannabis sales could hit $50 billion to $200 billion by the end of the next decade. That, presumably, leaves plenty of room for industry expansion, and for investors to make a boatload of money.
The problem is that there's a veritable laundry list of marijuana stocks to choose from, with new pot stocks coming to market on a fairly regular basis. That makes finding a place to begin your research somewhat challenging.
While it's by no means an end-all to your research, one of the best places to begin is by examining some of the most efficient cannabis growers. When I say "efficient," I'm talking about marijuana growers that look to be on the leading edge of the industry in terms of gram yield per square foot. Growers that can produce cannabis more efficiently than their peers would instantly gain a competitive edge that could translate into lower costs.