The 2018 year in cannabis was quite up and down in terms of volatility for the majority of the large stocks in the industry. As we inch into 2019, it seems as though marijuana stocks with lower levels of volatility may be the way to go. Of course, these picks are for the safer investor and for those who day trade, stocks with larger fluctuations may be a better choice.

As the industry currently stands, 31 countries around the world allow marijuana in some form whether it be recreational or medicinal. Although it has taken quite a while, the current state of cannabis is better than it has ever been before. More and more are we seeing relaxed acceptance of marijuana. Nowhere is this more displayed than throughout North America. Currently, Canada and the U.S. are leading the charge for large-scale marijuana legislation.

The Green Organic Dutchman (TGODF) (TGOD) is a producer of cannabis-based out of Canada. The company has seen slightly higher levels of volatility than some may like, but as we move into this year it appears that they are beginning to settle down. On the first day of trading in the new year, TGOD managed to shoot up by as much as 4% during the intra-day period on January 2nd.

The Green Organic Dutchman made headlines recently after their announcement of a new experiential patient and consumer website. After months of interviews were completed with thousands involved, TGOD is now able to provide its consumers with large amounts of information on products, cannabis education and more. All of this has made their business model extremely friendly to those looking to purchase or participate in the cannabis market.

Constellation Brands (NYSE:STZ) is not a pure-play cannabis stock by any means, but they have presented themselves as one of the safer bets for the year. Up 30% year over year, Constellation made headlines after a serious investment in one of the largest cannabis companies in the industry. Constellation decided to purchase a third investment worth around 38% or almost $4 billion in the company Canopy Growth Corp. (NYSE:CGC).

Constellation is considered to be a safer investment due to the fact that they are not solely involved in the cannabis industry. The company is traditionally a producer of alcohol as their core business model. Constellation is currently the top alcoholic beverage company throughout the whole of the U.S. in terms of retail sales.

Constellation is widely known as the major producer of high-end alcohol brands. This has helped to put them in the top of the market. Constellation is the producer of popular brands such as Corona and Modelo for beer as well as Svedka for vodka. All of these core business practices make Constellation an interesting pick for those looking to get into the ancillary industry associated with cannabis.

This year will likely continue to be extremely exciting for the world of cannabis. As new laws go into place and more and more companies join in, marijuana stocks will remain one of the backbones of high growth in the North American sector.