Kiplinger

Move Over Tech: Marijuana Stocks Are the New Star

Cannabis is just a plant - a controversial plant, but a plant nonetheless. However, this humble plant increasingly looks to be at the heart of the next great investment: marijuana stocks.

On the federal level, marijuana, hemp and all types of cannabis plants and their products remain illegal. However, the tide here is turning, and several states already consider medicinal and even recreational use as legitimate and lawful within their borders.

And as that movement expands, there will be increasing opportunities in the publicly traded companies that call the industry home.

Why Cannabis Is Exploding

The cannabis plant produces more than 100 compounds (called cannabinoids), though most people know about just one. THC, short for tetrahydrocannabinol, is the psychoactive component that gets the user high. That is the drug that launched a

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