Cannabis legalization in Canada helped kickstart a financial revolution in the stock market with the launch of a diverse portfolio of marijuana stocks.
With the boom of public cannabis businesses in full swing, are you thinking about investing in cannabis companies? If so, consider starting your journey here.
A wide spectrum of marijuana stocks have made their mark in the global market thanks to the amount of money raised from investors and the attention the sector is getting from established industries.
Cannabis Market Could Reach $5.5B By End Of Year
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What’s to come is anyone’s guess, but it seems this new and burgeoning industry is still in its early days, with diverse nations beginning to move forward with plans for legalizing marijuana.
That means there’s likely still money to be made in cannabis stocks as the market builds and cannabis products expand in availability over the next few years.
There are many differing opinions about how much the global legal cannabis market will be worth in the years to come, with estimates including US$70.6 billion by 2028 and US$91.5 billion by 2028.
But one thing is almost certain: The market is set to grow as opinions surrounding the plant evolve over time and as platforms crop up to supply different consumption preferences. And all of that will mean more cannabis investment opportunities with both existing companies and future entries to the market.
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