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The Four Best Marijuana Stocks Of 2016

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The Top 4 Marijuana Stocks of 2017

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Meta: If you are looking to invest in the industry, these are the four best marijuana stocks of 2017.

While you may imagine legalized marijuana being sold in cigarette-like packets one day or pot cookies sold at your grocery store, these uses are not the top marijuana stocks of 2017. Most of the cannabis stocks with the best growth are offered by companies that have designed medical applications of marijuana. While there are hundreds of marijuana start-ups, you need to find cannabis companies that will still be in business in the future. The best marijuana stocks of 2017 are established companies that have products that are currently in use or about to be approved by the …show more content…

The company has had a steady increase in operating income and sells many different drugs. If you want to limit some of your exposure, this is the company to choose.

The main downside to AbbieVie is that it caters almost entirely to United States markets. If the United States has a recession or market demand drops here, then the stock could decline in value. Most of the other pharmaceutical companies that you could invest in also sell internationally. To make up for this risk, you get a dividend of nearly 4 percent (3.88 percent). The stock has a market cap of $105.137 billion and an average volume of 6,055,417.

3. Insys Therapeutics, Inc. (INSY)

INSY is another seller of non-cannabis drugs, but it is also working on creating a synthetic version of cannabis to treat childhood epilepsy. Currently, they are trying to design a spray technology to make delivering the cannabinoids easier. Operating income declined in 2016 as the company spent more on research and clinical trials. While revenues have been fairly flat for the last three years, INSY has seen gross profits rise higher for the last three years. It still has higher volatility than an investor would like, but this volatility is fairly common in biotech stocks. Currently, the stock has a market cap of $874.22 million and an average volume of 890,504.

4. Scotts Miracle-Gro Company (SMG)

Rounding out the list of the best marijuana stocks of 2017 is a company that avoids marijuana production or marijuana

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