Legal marijuana sales across the U. The annual weed-smoking holiday caused tokers to come out in full force this year, and the dramatic sales increases should attract some attention to marijuana stocks.

So, all these meteoric gains raise the question: Just what can an investor do about this? Thankfully, there are a few marijuana stocks that give investors the ability to capitalize on this upstart trend.

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A little advice for the wary individual investor: Marijuana investing is a nascent industry, and there are more than a few penny stocks parading around as the next big thing. Marijuana stocks as a whole remain fairly speculative, largely due to legal considerations that make going into business risky.

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But with high risk comes high potential reward, and companies like OrganiGram Holdings I Com Masters of money marx review OGRMF and Canopy Growth Corp Com NPV TWMJF both embody that dynamic. Organigram trades on the TSX Venture Exchange under the symbol OGI; Canopy Growth trades under symbol CGC.

Both OGRMF and TWMJF are marijuana stocks that make their living peddling medical marijuana. However, with top tsx stocks to buy 2016 marijuana not currently legal in Canada, the hope is that when laws become more lenient, both companies will become leaders in that field.

Like GWPH, both OGRMF and TWMJF actually have some love from institutional investors behind them, with Fidelity Institutional Asset Management holding a 1.

Remember, when it comes to marijuana stocks, there are no sure bets.

Top tsx stocks to buy 2016 do your own research and double-check a company before investing. As of this writing, John Divine did not hold a position in any of the aforementioned securities.

You can follow him on Twitter at divinebizkid or email him at editor investorplace. Article printed from InvestorPlace Media, http: Financial Market Data powered by FinancialContent Services, Inc.

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