Marijuana has come a long way since California legalized cannabis So let's take a look at what investors need to know about the marijuana. Pot stocks are hot but also very volatile, here is what investors need to know. Securities and Exchanges Stock Outlook: Strong. Cannabis will be legal in Canada starting this Wednesday, generating strong interest from investors eager to get in on a market that analysts.
To What Marijuana Need Investors Know Stocks About
Coworking spaces designed specifically for those involved in the cannabis industry. Many companies make special handbags with aroma-proof pouches, so women and men can transport their stashes discreetly. When investing in cannabis, the volatility of the market means you should think long term.
Diversity is key to any successful investment strategy. Do your due diligence with careful research on the marijuana companies in which you plan to buy shares.
You should review the complete financials to make sure the company is solvent before moving forward. Pay attention to trends in the industry. For example, the traditional method of marijuana ingestion is to smoke the dried cannabis flower.
However, advances like concentrated oil that can be vaporized are slowly surpassing the classic joint as they gain popularity among customers.
Because oils and other niche cannabis products have higher profit margins, their prevalence is good news for investors. Recent industry expositions have seen the debut of everything from cannabis-infused sports drinks to Keurig-style dispensation devices to oral sprays, patches, and pain relief creams designed for athletes.
This type of knowledge should influence your investment choices. You can enter your email address to receive a free guide to becoming a better trader in seven days.
Our team of expert traders will connect with you in our day trading chat room and provide targeted advice to our subscribers about getting involved in the burgeoning, lucrative marijuana industry. Why Invest in Legal Marijuana? As previously mentioned, legal weed sales are expected to double in compared to numbers. By , recreational marijuana sales are expected to bring in double the revenue of medical cannabis sales, making recreational marijuana stocks a hot property for investors looking for growth.
As more states legalize the substance, shareholders who purchase stock in legitimate cannabis businesses will benefit. The industry is projected to show job growth of 21 percent per year every year from now until By comparison, the in-demand health care field is projected to grow by just 2 percent each year over the same period. Many states and municipalities are investing these funds in social programs. Legal cannabis sales could soon pass cigarette sales in the United States.
Several markets for legal cannabis are rapidly expanding, including baby boomers and women. The stocks listed on the U. Considerations to keep in mind during your research should include: How long the company in question has been in existence Their financials Whether they are primarily a cannabis business or also invest in other products. Here are our current picks for the top marijuana stocks to buy: This biotech company, which trades on the New York Stock Exchange, focuses on using industrial hemp to create cannabinoid-related products.
They also invest in tobacco. ABBV is the pharmaceutical company that developed Marinol, one of the first legal cannabis-based medications. This company also makes drugs for autoimmune disorders, HIV suppression therapy, testosterone replacement, and many other conditions.
This business will be listed on Canadian exchanges in the fall. American Cannabis Company Inc. AMMJ is a penny stock with potential, as the Denver company shows steady sales and limited debt. They focus on consulting and advising for those entering the legal cannabis industry.
In , their stock price increased by more than percent. In April , they announced a deal to sell their products through major Canadian pharmacy chain Shoppers Drug Mart. They are currently developing a marijuana-based drug to treat chronic pain without psychoactive effects. They have a 55,square-foot facility dedicated to making the safest, cleanest medicinal cannabis available at affordable prices. Shipping is available for customers throughout Canada. They have nine facilities in Canada as well as two in Denmark.
Axim Biotechnologies has more than a dozen cannabis-based drugs currently in clinical trials, including medications for opioid addiction, tobacco cessation, inflammatory bowel disease, and other conditions. CANV produces consumer products such as body balms and other personal care products derived from hemp and focusing on CBD oil. They are the sixth largest marijuana facility in Canada.
Canopy Growth Corporation TWMJF is the largest medical marijuana production company based in Canada, with half a million feet of production space dedicated to producing a variety of strains. These are designed to treat both acute and chronic pain.
CLSH has been selling recreational marijuana in Nevada for a year, during which they collected substantive data about what types of cannabis products customers buy and what types they want to see more of on the shelves. Constellation Brands CTZ , the company that owns the Corona line of beer, recently invested in cannabis-based drinks. Emerald Health Therapeutics is a cannabis flower and oil production company in British Columbia.
Their stock had a percent return over the past year. CANN provides a range of ancillary services to cannabis companies, including but not limited to consulting, real estate, security, and business development. They also sell a line of marijuana-themed lifestyle products and clothing. Grow Generation Corp GRGW is an agricultural supply company that specializes in organic and hydroponic gardening supplies. These stocks offer benefits that cannot be found elsewhere. Since marijuana is gaining acceptance across the world, these stocks are booming.
When marijuana is legalized in a new state or country, the stock price is most likely going to climb higher. There is plenty of potential for these stocks. Would it be a good idea to invest in marijuana stocks? These stocks have gained a lot of attention during the past few months or so and it is very easy to see why.
There are plenty of perks associated with these stocks and the risks are pretty slim. For starters, it is important to look at the public opinion of marijuana. More and more people are agreeing that marijuana is harmless and potentially beneficial in many ways. At the same time, federal opinion has changed. A lot of states in America have decided to legalize marijuana.
Canada and other countries have done the same. When this happens, cannabis is going to become more accessible to people all around the world. This is also going to increase the value of the industry as a whole. Buying marijuana stocks at this point could be like buying Amazon stock many years ago. The potential is immense and there is little to nothing to lose.
Just remember that not all cannabis companies are equal. First and foremost, you should take a look at Canopy Growth. It entered the market in May. This made the company the biggest publicly traded marijuana company in the world.
So, what do they do? Well, the company primarily produces and markets medical and recreational marijuana. They have several brands with Tweed being one of their most popular. The company has gained attention from investors and corporations alike.
Anyone who is interested in getting involved in marijuana investing should definitely take a long, hard look at Canopy Growth. Aurora Cannabis is another Canadian pot company. The company grew much bigger in March when it acquired MedReleaf in an all stock deal. The deal was referred to as the largest marijuana deal the world had ever seen. Together, the two entities will be able to produce more than , kilograms of cannabis each and every year.
They will operate nine facilities in Canada with two operating in Denmark. United States investors will need to buy the stock from the OTC market. Despite some risk with OTC stocks, this one is still well worth checking out.
Step-by-Step Guide on How to Invest in Marijuana Stocks
Here's all you need to know about the risks associated with investing in marijuana stocks. All you need to know to make an informed decision about investing in You've probably heard about the enormous gains marijuana stocks. Marijuana stocks have become a hot commodity over the last The first thing for investors to know is that there are two Canadian marijuana.