If you’re hunting for marijuana stocks to add to your portfolio, it could be a good time to consider buying top pure-play marijuana stocks Canopy Growth, Aphria Inc., and GW Pharmaceuticals. Or if you’re looking for a less risky way to benefit from growing demand for marijuana, it might be smart to add Scotts Miracle-Gro or Constellation Brands to your holdings. Here’s why the marijuana market is so intriguing, and why these stocks are top marijuana stocks to own.
California Insurance Commissioner Dave Jones has been on a mission to ensure state-legal cannabis businesses have commercial insurance coverage and with his announcement of the first California cannabis surety bond program on Feb. 21, 2018, he continues to make progress.
More strife is on the horizon for Ohio’s troubled medical cannabis program. On Feb. 20, 2018, a group of unsuccessful medical cannabis applicants, led by Jimmy Gould of CannAscend Ohio LLC, filed a lawsuit challenging the state’s medical cannabis licensing process.
While the province of Newfoundland and Labrador has its key policies in place for recreational legalization and has secured a supply agreement with Canopy Growth Corporation (TSX:WEED) to provide cannabis for the province, it is now ready to hear from prospective cannabis retailers.