The 2 Most Profitable Pot Stocks on the Planet

There's no question that this is going to be a big decade for the technology sector. We're liable to see a demand explosion for cloud computing, cybersecurity, and Internet of Things devices. But don't sleep on the marijuana industry.

Although Wall Street estimates vary wildly, as we'd expect from an industry with no modern-day precedent, global sales could hit anywhere from $50 billion to $200 billion a year by 2030. For some context here, worldwide legal weed sales didn't even hit $11 billion in 2018.

But every fast-growing industry encounters growing pains. In Canada, regulatory issues have constrained supply. Meanwhile, in the U.S., high tax rates on legal weed have made it difficult for licensed producers to compete with the black market.