The 5 Top-Performing Marijuana Stocks Since the Beginning of 2016

When the curtain closes on 2018 in roughly eight weeks, it’s likely to go down as the most monumental year on record for the legal cannabis industry. Though there have been major advances before — including California becoming the first state to legalize medical marijuana in 1996 and Uruguay becoming the first country in the world to legalize recreational marijuana — arguably nothing beats Canada’s decision to legalize recreational marijuana in 2018…

When the industry is fully ramped up — mind you, this will take a few years — it’s expected to generate upwards of $5 billion in added annual sales. This comes atop what growers were already bringing in via medical weed sales and exports to foreign countries. This long-awaited legalization is what’s been responsible for sending pot stocks through the roof for years.

The top-five marijuana stocks since the beginning of 2016

Since the beginning of 2016, nearly all marijuana stocks are substantially higher, with some even sporting four-digit percentage gains through this past weekend. The following five marijuana stocks, listed in ascending order, are hands-down the industry’s top performers in that time span.

But before we jump right in, please note that because some of these companies have uplisted to more reputable exchanges, prior over-the-counter-listed historical data may not be available. In such instances, share-price change data on the Canadian exchanges may be used and will be noted below…

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