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Last year, North American legal cannabis sales totaled $6.7 billion. Because of that industry growth, we created a list of the best marijuana stocks for investors to watch in 2017.
We want to reiterate that Money Morning is not recommending any specific marijuana stock investments.
But because more states are voting for marijuana legalization, we do think investors should familiarize themselves with the leading players and companies in the cannabis industry.
And the first marijuana stock on our watch list has climbed over 570% in the last 12 months…
Best Marijuana Stocks to Watch No. 10: Mentor Capital Inc.
Mentor Capital Inc. (OTCMKTS: MNTR) was founded in 1985 and is based in Ramona, Calif.
Mentor specializes in acquisitions and emerging growth investments, like the marijuana industry. While it invests in medical and recreational companies, Mentor prefers to invest in the medical sector.
Over the last 12 months, the MNTR stock price has climbed over 570%. And so far in 2017, the MNTR stock price is up 133.96%.
Best Marijuana Stocks to Watch No. 9: Canopy Growth Corp.
Canada-based Canopy Growth Corp. (OTCMKTS: TWMJF) produces and sells medical marijuana.
One of Canopy's claims to fame is its Tweed Farms, the largest marijuana-dedicated greenhouse on the globe.
BRILLIANT: Average Americans Are Becoming Marijuana Millionaires
It has over 350,000 square feet of space.
Over the last 12 months, the TWMJF stock price has climbed 332.09%. So far in 2017, the TWMJF stock price has climbed 36.22%.
For this next marijuana stock to watch, most investors are surprised to learn a former presidential candidate once ran the company…