The cannabis industry is growing by leaps and bounds, and Wall Street has taken notice. Over the trailing-two-year period, a majority of pot stocks have vaulted higher by triple- or quadruple-digit percentages. The expectation that Canadian recreational legalization is around the corner, as well as a discernible shift in the public's opinion toward marijuana, are fueling valuations ever higher.
This "Marijuana Value Stock" Just Delivered a Record Quarterly Profit
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