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2 Cannabis Stocks to Avoid No Matter What

Prosper Junior Bakiny, The Motley Fool
·5 min read
2 Cannabis Stocks to Avoid No Matter What
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Since Nov. 2, the Horizons Marijuana Life Sciences ETF -- an industry benchmark -- is up by 105.6%, compared to gains of 18.9% for the S&P 500 index in the same period. Recent developments in the U.S. have helped spur this bull run for pot companies, with several states voting during the November elections to make recreational and/or medical marijuana legal. Thanks to these tailwinds, the future of the cannabis industry looks increasingly promising, and there are plenty of excellent marijuana stocks to consider purchasing.