5 Best Marijuana Stocks Of 2016

Marijuana scored huge victories in eight out of nine states on Election Day. California, Nevada, Massachusetts, Maine, Florida, North Dakota, Arkansas and Montana all legalized medial and/or recreational marijuana use.

Although marijuana remains illegal in the United States on a federal level, the marijuana legalization movement is clearly gaining momentum. Unfortunately, the federal ban makes marijuana investing risky and treacherous business for U.S. investors.

The Top 5

This year, however, marijuana stocks have been on fire. Of all the stocks in the The Marijuana Index’s comprehensive list of North American marijuana-related stocks, these five names have been the best performers of the year:

1. APHIRA INC NPV APHQF +460.3 percent.

Aphira is a Canadian company that produces and sells medical marijuana.

2. AURORA CANNABIS IN COM NPV ACBFF +518.0 percent.

Aurora is another leading Canadian medical marijuana producer and distributor.

3. General Cannabis Corp CANN +669.1 percent.

General Cannabis company is an American company headquartered in Colorado that acquires and leases cultivation space and other facilities to licensed marijuana growers.

4. Cannabis Sativa Inc CBDS +762.9 percent.

Cannabis Sativa is a U.S. company dedicated to developing natural cannabis products such as formulas, edibles, topical, strains, recipes and delivery systems.

5. THC BIOMED INTL LT COM NPV THCBF +1,370 percent.

THC Biomed is the only 2016 10-bagger in the marijuana space. The Canadian company is a licensed marijuana producer and also performs marijuana-related research and development.

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