A Look At Leading Marijuana Stocks Of 2014

The burst at the beginning of the year came after widespread media coverage of Colorado’s recreational legalization, but along with NASDAQ, the MJ market has recently corrected.

Heightened scrutiny by FINRA and the SEC (which has now suspended five cannabis-related stocks) has made the cannabis sector more volitile.

With the big “420” celebration behind us, investors will be paying attention to several catalysts over the remainder of the year, including the implementation of Canada’s new medical marijuana program, the roll-out of retail marijuana in Washington this summer, and the November elections, where Alaska (recreational) and Florida (medical)  are both expected to legalize marijuana.

Not all stocks in the sector move with the rest of the group, with performances varying.  Investors have become wary of some names and enamored by others.

With the market beginning to bounce from oversold conditions, let’s take a look at some of the largest names in the sector:

To read more, visit http://finance.yahoo.com/news/look-2014s-leading-cannabis-stocks-195254316.html

Posted in: News

Comments are closed.