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The Best Pot Stock for the Next 10 Years

The Best Pot Stock for the Next 10 Years

While Canada technically made medical cannabis legal in 2001, its federal courts didn't allow producers to market cannabis until 2016. Recreational cannabis, which included flowers, oils, plants, and seeds for adult use, became legal in October 2018 as part of "Cannabis 1.0" legalization. Canopy Growth (NYSE: CGC) was an early mover in this market -- it first started selling cannabis oil in its fourth quarter of fiscal 2016.