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Stock impact report

3 Top Cannabis Stocks to Buy in May [The Motley Fool]

Aurora Cannabis Inc. - Common Shares (ACB) 
Company Research Source: The Motley Fool
3 Top Cannabis Stocks to Buy in May The global cannabis industry is enjoying explosive growth. Hemp-derived cannabidiol (CBD) alone could become a $ billion $ billion Bank of America Across the world, demand is surging for products derived from the cannabis plant. People are increasingly using marijuana and CBD to treat a variety of ailments If you're searching for a way to profit from this megatrend, read on to learn more about three businesses that are particularly well positioned to cash in on the cannabis boom in the years ahead. Image source: Getty Images. The industry leader When it comes to marijuana production, scale matters. The larger producers can spread their costs over a bigger revenue base, thereby generating higher profit margins. Larger growers can also more easily sign lucrative long-term supply deals with wholesalers and governments. This can lock in sizable revenue streams and provide these producers with more cash to expand their operations. Out of all the publicly Show less Read more
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