The 3 Top CBD Stocks to Invest in Now

Even with August's market volatility, the top CBD stocks to invest in now are geared up for a huge comeback.

Once the market stabilizes again after its reactionary panic, the top CBD stocks to invest in now will rocket even higher.

That's not surprising either. This has been the year of CBD, according to the National Institute for Cannabis Investors. Plus, states all over the U.S. are legalizing cannabis products for recreational use.

It's only a matter of time before the United States ends the legal prohibition against cannabis.

THREE STOCKS: Any one of these cannabis companies could potentially deliver a 1,000% windfall. Click here to learn more...

That will be a boost for CBD thanks to its medicinal benefits. It's used to help treat anxiety, sleep disorders, and pain. Ending the federal prohibition will unleash even more uses.

As legalization continues to spread, it's only a short amount of time before the CBD market completely soars.

And that's exactly why we're bringing you the top CBD stocks to invest in now.

Top CBD Stocks to Invest in Today, No. 3: Cronos Group Inc.

Our third best CBD stock to invest in today is Cronos Group Inc. (NASDAQ: CRON). Cronos is the first marijuana stock to trade on a U.S. exchange.

And Cronos is already making moves to expand its offerings. In fact, it has plans to purchase subsidiaries of Redwood Holdings, one of which is Lord Jones - a skincare and lotion product manufacturer.

Lord Jones is a leading brand name in the cannabis space. Its products are similar to Burt's Bees. Like Burt's, it's widely available, well-known, and is a trusted brand. Plus, its great upside certainly helps, too.

After Cronos announced the deal, the company's shares saw a 5% boost.

However, it's important to note that July was a weak month for the stock, and shares are still trending below their peak.

But that's actually an opportunity for savvy investors. If you buy shares of Cronos at a discounted price, you could be handsomely rewarded once the company's shares jump up again.

This top CBD stock's shares currently trade for $11.82.

Top CBD Stocks to Invest in Today, No. 2: Aphria Inc.

Our next top CBD stock to invest in today is Aphria Inc. (NYSE: APHA). It's a Canada-based company that creates and distributes medical cannabis under its Broken Arrow brand.

Plus, it stands to pop any time now.

That's because averages like the S&P 500 and Russell 2000 are down more than 10%. And the U.S.-China trade war is the likely reason as to why.

But once the panic subsides, CBD stocks like Aphria will lead the pack when stocks surge again. Plus, with the most recent interest rate cuts, analysts say it could jump more than 20%.

That's on top of the fact that the company's most recent earnings showed 40% in gains. What's interesting, though, is that its positive earnings come from outside the United States.

It seems like Aphria is much more focused on Europe than the U.S. when it comes to discussing its future.

So, once the market relaxes a little, analysts think Aphria stock could rocket up.

This top CBD stock to invest in today currently trades for $6.39. But with a target high price of $13, analysts think it could jump as much as 103.4%.

But our No. 1 CBD stock to invest in today has a potential 181.5% upside.

Top CBD Stocks to Invest in Today, No. 1

[mmpazkzone name="in-story" network="9794" site="307044" id="137008" type="4"]

Our top CBD stock to invest in today is Canopy Growth Corp. (NYSE: CGC).

This Canadian cannabis company is a leader in the marijuana sector with a market cap of $11 billion.

In early 2019, this stock shot up to $52 per share. But some issues in its business strategy caused some turbulence in the upper management and in its stock.

Now, Canopy Growth stock trades for $26.88. And while that sounds like a serious dip, the stock is poised to bounce back. In fact, analysts expect it to shoot up 181.5% to $75.66.

That's an insane discount for one of the best CBD stocks out there. And it'll be a considered a pretty great bargain once the stock doubles or triples in value down the line.

Plus, Constellation Brands Inc. (NYSE: STZ) is betting on Canopy's future - and the company will likely reap the benefits once marijuana goes completely mainstream.

And with new management at the helm, Canopy shares are going to more than triple over the next 12 months.

These 3 Stocks Are the Key to 2019's Greatest Profits

The 2018 midterm election was a turning point for the cannabis industry.

We expect nothing short of historic profits by the end of the year.

But not all pot stocks will hand you life-changing wins. In fact, often the companies making headlines are least likely to see the biggest gains.

These three stocks, on the other hand, are flying under the radar... for now. Each of them could see exponential stock price acceleration at any moment, and if you get in before that happens, you could turn a token stake into a lifetime of wealth.

I don't know of any other sector providing anywhere near this level of growth now.

Click here to learn more.

Follow Money Morning onFacebook and Twitter.