Had investors just picked the top-performing weed stock over that period, though, they could have made a return of more than 4200%.
The basket of stocks includes the 10 U.S.-listed companies in the Marijuana International Corporation's U.S.
On the list are GW Pharmaceuticals (gwph) (which is listed on the Nasdaq), Axim Biotechnologies, Cannabics Pharmaceuticals, Terra Tech (trtc), Cannabis Sativa, mCig, United Cannabis, General Cannabis (cann), Surna (srna), and CV Sciences.
While the industry based on getting high also has the potential to deliver high rewards, it's also highly risky.
Illustrating the make-or-break nature of the industry, two stocks of the original 10 that were trading three years ago have since lost more than 90% of their value.