Investing in Cannabis Stock

 

Marijuana is now a legal moneymaker.

 

The easing of America state laws on the use of cannabis led to the emergence of new entrepreneurs and investors. At the moment, 33 states have legalized the use of marijuana in some form, and 11 states, as well as the District of Columbia have legalized recreational use of cannabis. It has now turned into a billion-dollar industry, with predictions of quickly growing outlays over the next five years. Popular products accessible recreationally include edibles like gummies, drinks, apparel from hemp, CBD oil (cannabidiol), as well as skin products like creams. However, when it comes to federal laws relating to cannabis, it is still illegal and categorized as a Schedule 1 controlled substance, which is in the same class as LSD, as well as heroin.

 

Although the industry has some inherent risk, see it on the verge of incredible growth. Industry analysts see cannabidiol (CBD) industry alone to reach 16 billion dollars by the year 2025. Other studies indicate that the value of the marijuana industry was at 13.21 billion dollars by the year 2018, and projected to hit 36.7 billion dollars in 2025. Although cannabis is a new industry, investors shouldn’t view it as a monolith. At present, it already segmented because of the different use and application of marijuana products at https://www.planet13holdings.com/.

 

The industry can be segmented into as many as eight sectors. One, there is the cultivators who are mostly corporations that cultivate and sell cannabis plants. This includes those employing conventional farming methods and hydroponics. Also, there is the consumer and retail. These are the cannabis products sold in dispensaries, online, and physical stores like CBD products and skincare products. Other areas include financial business and service, Research and testing, Real estate, Equipment and devices, Post-processing as well as Processors. Know more facts at https://www.huffingtonpost.com/entry/marijuana-drugged-driving_us_55d73688e4b08cd3359bb3db.

 

So how do you purchase Cannabis Stocks?

If you are serious about investing in the marijuana or cannabis industry, take into account that it is different from other sectors, and investing in the industry comes with its challenges. As of now, there are 68 firms listed on the North America Marijuana Index that tracks firms with notable business activities in the industry. Nevertheless, not many of these stocks are traded on America’s leading stock exchanges because of the unsettled regulatory atmosphere, as well as the fact that companies are still in their early development phases. You can buy stocks here!

 

However, a lot of the investment in cannabis stock in North America happens via private equity, over the counter markets, or the Canadian Security Exchange. If you don’t intend to purchase shares of single cannabis companies, consider purchasing shares of exchange-traded funds like Planet 13 Holding and get exposure to different corporations in the industry.