Are you thinking about investing in the Cannabis sector? Then you are at the right place at the right time. Because you are one of the many thousands who are currently seeking investment in the Cannabis sector. And if you haven’t considered it yet, you better do now. As you would be investing in a stock whose revenue is about to be doubled or even tripled in the coming years.
Cannabis, especially marijuana stocks are increasing rapidly in the global market due to their legalization across the states and many other countries. The subsequent increase in the net demand has now attracted many investors who are either launching their startups or putting cash in established businesses. Although Cannabis and its derivates still remain illegal at the Federal level in the United States, 33 states have legalized its usage and many others are going to do it very soon. Countries like Canada and Germany have legalized them throughout the state and now have become the biggest markets of marijuana with billions of dollars as revenues and contribute greatly towards the country’s economy.
Keeping all these things in mind, following are a few points which might convince you even more for taking the firm decision of investing in Cannabis stocks:
New Investor; not a problem!
Being a new investor, you would be definitely afraid of investing in this recent sector considering it as a risk. But good news, there is still an opportunity for you to be part of this fast-growing market. Many people who have previously started their businesses in the cannabis sector, now have opened themselves to the public so that the new investors in this field can buy shares, gain experience and earn as well.
Hence, you have multiple options to invest without taking any risks.
Multiple Investment Choices
Having vast usage of its derivatives, cannabis stocks allows you to invest in more than one market. You can carefully select from different options including cultivation & growing, distribution & retailing, stocking or biotech developing of cannabis. All of these markets have their own value and you have complete freedom to choose the one which suits you best. For example, the recent market i.e. research and development of cannabis-based products which include Cannabidiol (CBD) is also a great investment as CBD oils are now being used excessively for medicinal purposes.
Promising Future
Many authentic resources have reported that the cannabis market would increase to an overwhelming $194 Billion till 2025 as more than 68% of people now support its legalization. Sales in Canada are expected to jump from $600 Million to $5.4 Billion, $9 Million to $1.6 Billion in Germany and even more in the United States.
In nutshell, I would say if you want to invest, it is the best time since the whole world is moving towards legalization of Cannabis and Marijuana. When it will be legalized at the national level, it would be only a matter of time that the markets will go to the highest level, and only those would benefit the most who have invested in this sector beforehand.