3 Cannabis Stocks With the Fastest-Growing Sales

Everyone talks about how much the cannabis industry is going to grow over the next few years. But there are quite a few cannabis stocks that are delivering impressive sales growth right now.

I looked at the trailing-12-month revenue growth for the stocks of all cannabis-related companies with a market cap of at least $200 million. Here are the three stocks with the fastest-growing sales — and whether they’re smart picks to buy right now.

Image source: Getty Images.

1. GW Pharmaceuticals

Before GW Pharmaceuticals (NASDAQ:GWPH) launched Epidiolex, some questioned if the company could really be successful with its new cannabidiol (CBD) drug. GW has answered those questions with an exclamation mark. The cannabinoid-focused biotech’s trailing-12-month revenue has skyrocketed by 758% over the last year.

The company has blown away sales estimates in every quarter since Epidiolex hit the U.S. market late last year. Epidiolex continues to pick up

... read more at: https://www.fool.com/investing/2019/08/14/3-cannabis-stocks-with-the-fastest-growing-sales.aspx


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