Over the last few years, the cannabis industry has grown at a rapid pace. Public opinion of cannabis has drastically changed, for the better, which in turn supports the legalization efforts seen around the globe. The once frowned upon cannabis industry has now attracted the attention of Wall Street’s financial institutions, who have started to cover the budding industry. Several investment banks like Cowen, Piper … Continue reading Are These 4 Cannabis Stocks On Your Watch-List?
Over the last few months, the growth of marijuana stocks’ market caps have gained significant investor attention. The steep rise seen in most marijuana stocks have lured even the most skeptical investors into the space. The anticipation that has surrounded Canada’s legalizing of recreational cannabis had a large impact on enhancing the appeal of the sector. In 2017, nearly 5 million Canadians between the ages of 15 to 64 spent an … Continue reading Marijuana Stocks: Ready To Rally?
At the time of the general election, several U.S states voted on marijuana legalization of some degree. Fast forward to the present, there are thirty-one states that have legalized the use of medicinal marijuana and nine, as well as the District of Columbia, that have gone a step further and legalized adult-use recreational marijuana as well. Apart from the increase in social acceptance of pot, … Continue reading Can These Marijuana Stocks “Heighten” Your Portfolio?
Investors continue to flood into the marijuana sector as the most stocks in the sector, large and small, are seeing impressive growth in their share prices. For those investors who prefer a more diversified investment into the sector, the ETFMG Alternative Harvest ETF (MJ) has generated a 50% increase over the past six weeks. The Alternative Harvest ETF was the first marijuana exchange traded fund … Continue reading 3 Marijuana Stocks That May Have Potential For Further Growth
A decade ago, very few people knew what hemp-derived cannabidiol was, better known as CBD. However, in a few years, the CBD market is forecast to hit $22 billion, according to cannabis industry analysts. Right now, the industry is on track to hit $591 million which could grow even higher because of several factors. People young and old, around the globe, take CBD in pill … Continue reading 3 Marijuana Stocks To Plant In Your Portfolio
The Canadian marijuana market is one of the most valuable in the world. The largest marijuana stocks in the game call Canada home and in three weeks, our neighbor to the north will launch recreational marijuana sales. Although the Canadian market has been center stage for some time, the U.S. market holds value to investors as well. The U.S. is forecast to generate over 85% … Continue reading 3 Marijuana Stocks To Watch In The North American Market
By 2022, the North American legal marijuana revenue is estimated to reach $28.9 billion and will be responsible for about 90% of the global legal marijuana market, according to The State of Legal Marijuana Markets, 6th Edition. Presently, nine U.S. states and the District of Columbia have legalized adult-use recreational marijuana, while thirty states have legalized it for medicinal purposes. In less than a month, … Continue reading Top 3 Marijuana Stocks To Watch