Two cannabis-focused biotechs, Insys Pharmaceuticals (NASDAQ:INSY) and GW Pharmaceuticals (NASDAQ:GWPH), ranked among the five best-performing marijuana stocks last month. CannTrust Holdings (NYSE:CTST) and Village Farms International(NASDAQ:VFF) made the list for February but aren't in the top tier of Canadian marijuana producers. And one U.S.-based company that isn't a biotech landed in the top five as well -- Innovative Industrial Properties (NYSE:IIPR). Why did these five marijuana stocks outperform all others in February? And are they smart picks for investors to buy now?
5 Best Marijuana Stocks in February -- Are They Buys Now?
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