Marijuana scored huge victories in eight out of nine states on Election Day. California, Nevada, Massachusetts, Maine, Florida, North Dakota, Arkansas and Montana all legalized medial and/or recreational marijuana use.

Although marijuana remains illegal in the United States on a federal level, the marijuana legalization movement is clearly gaining momentum. Unfortunately, the federal ban makes marijuana investing risky and treacherous business for U.S. investors.

The Top 5

This year, however, marijuana stocks have been on fire. Of all the stocks in the The Marijuana Index’s comprehensive list of North American marijuana-related stocks, these five names have been the best performers of the year:

1. APHIRA INC NPV APHQF 6.31% +460.3 percent.

Aphira is a Canadian company that produces and sells medical marijuana.

2. AURORA CANNABIS IN COM NPV ACBFF 3.67% +518.0 percent.

Aurora is another leading Canadian medical marijuana producer and distributor.

3. General Cannabis Corp CANN 10.71% +669.1 percent.

General Cannabis company is an American company headquartered in Colorado that acquires and leases cultivation space and other facilities to licensed marijuana growers.

4. Cannabis Sativa Inc CBDS 13.78% +762.9 percent.

Cannabis Sativa is a U.S. company dedicated to developing natural cannabis products such as formulas, edibles, topical, strains, recipes and delivery systems.

5. THC BIOMED INTL LT COM NPV THCBF 6.11% +1,370 percent.

THC Biomed is…

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