3 Top Marijuana Stocks to Watch in June

With the U.S. commonwealth of Saipan deciding to make the leap from total prohibition to full-scale legalization, and conservative-minded Thailand also throwing its hat into the medical marijuana ring toward the tail end of 2018, the legal marijuana industry seemed to be on an unstoppable winning streak last year. Most pot stocks, as a result, sailed higher during the first five months of 2019. 

However, the uncertainty swirling around the legalization of cannabis at the federal level in the U.S. and the Food and Drug Administration’s lack of guidance regarding the safety of cannabidiol (CBD) oils has caused a number of these former highfliers to suddenly cool off. Is this rising tide coming to an end, or is the industry simply taking a much-needed breather? 

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