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It's now likely the cannabis industry will not only survive the pandemic - it could thrive sooner than we thought.
According to the National Institute for Cannabis Investors, this industry is headed to $300 billion in value. That's 2,900% from $10.8 billion in 2019.
And our top penny stock to buy today could soar 137% as a result.
You see, penny stocks tend to explode on even the slightest market moves. The best penny stocks have a chance to could double or triple in a matter of months.
We've talked about how many cannabis dispensaries are still open after several states deemed cannabis essential. Of course, that's a boon for marijuana stocks like Innovative Industrial Properties Inc. (NYSE:
About the Author
Mike Stenger, Associate Editor for Money Morning at Money Map Press, graduated from the Perdue School of Business at Salisbury University. He has combined his degree in Economics with an interest in emerging technologies by finding where tech and finance overlap. Today, he studies the cybersecurity sector, AI, streaming, and the Cloud.