I see Marijuana stocks are very volatile. There are so many US stocks to choose from. Some stocks go up based on fundamentals and some go up based on hype. But I think rapid entry and exit are a way to go. We are almost less than 3 weeks away from January, 2018. I see many stocks are still going down whereas others are going up. There could be several consolidation period for both of these types I think. It is hard to predict the nature. They seems to be totally out of calculations. It is also anyone's game since it is still a new industry. Diversification could be a good game plan. I will looking for for any merging, buyouts, debt deduction, company share buyback, large stake of the company by another well known company, CBD products, marketing plan for MJ companies going forward. After researching, I found these blue chip stocks that could be very well positioned:
PM
ABBV
STZ
SMG
CODI
ARNA
IIPR
MSFT

Among the pharmaceutical companies, I like GWPH, CARA, CBRP, ZYNE.

Besides these big guys there are many tiny small cap companies that can shine if they can prove themselves over the next 3 quarters with good products & services and profit. Dow Jones and other major indexes are so high and keep going high. But I think they will slow down as we go towards the holiday season and I think a substantial amount of old and news investors will be switching into this industry. The billions dollars market is about to unleash. We should be expecting lots of new developments. Share your opinions.