Most Popular
1. THE INFLATION MONSTER is Forecasting RECESSION - Nadeem_Walayat
2.Why APPLE Could CRASH the Stock Market! - Nadeem_Walayat
3.The Stocks Stealth BEAR Market - Nadeem_Walayat
4.Inflation, Commodities and Interest Rates : Paradigm Shifts in Macrotrends - Rambus_Chartology
5.Stock Market in the Eye of the Storm, Visualising AI Tech Stocks Buying Levels - Nadeem_Walayat
6.AI Tech Stocks Earnings BloodBath Buying Opportunity - Nadeem_Walayat
7.PPT HALTS STOCK MARKET CRASH ahead of Fed May Interest Rate Hike Meeting - Nadeem_Walayat
8.50 Small Cap Growth Stocks Analysis to CAPITALISE on the Stock Market Inflation -Nadeem_Walayat
9.WE HAVE NO CHOICE BUT TO INVEST IN STOCKS AND HOUSING MARKET - Nadeem_Walayat
10.Apple and Microsoft Nuts Are About to CRACK and Send Stock Market Sharply Lower - Nadeem_Walayat
Last 7 days
UK Housing Market Analysis, Trend Forecast 2022 to 2025 - Part 2 - 30th June 22
Stock Market Turning the Screws - 30th June 22
How to Ignore Stocks (and why you should) - 30th June 22
Top Tips For Getting The Correct Insurance Option For Your Needs - 30th June 22
Central Banks Plan To Buy More Gold In 2022 - 30th June 22
AI Tech Stock PORTFOLIO NAME OF THE GAME - 29th June 22
Rebounding Crude Oil Gets Far Away from the Bearish Side - 29th June 22
UK House Prices - Lets Get Jiggy With UK INTEREST RATES - 28th June 22
GOLD STOCKS ARE WORSE THAN GOLD - 28th June 22
This “Bizarre” Chart is Wrecking the Stock Market - 28th June 22
Recession Question Answered - 28th June 22
Technical Analysis: Why You Should Expect a Popularity Surge - 28th June 22
Have US Bonds Bottomed? - 27th June 22
Gold Junior Miners: A Bearish Push Is Coming to Move Them Lower - 27th June 22
Stock Market Watching Out - 27th June 22
The NEXT BIG EMPIRE WILL BE..... CANZUK - 25th June 22
Who (or What) Is Really in Charge of Bitcoin's Price Swings? - 25th June 22
Crude Oil Price Forecast - Trend Breaks Downward – Rejecting The $120 Level - 25th June 22
Everyone and their Grandma is Expecting a Big Stocks Bear Market Rally - 23rd June 22
The Fed’s Hawkish Bite Left Its Mark on the S&P 500 Stocks - 23rd June 22
No Dodging the Stock Market Bullet - 23rd June 22
How To Set Up A Business To Better Manage In The Free Market - 23rd June 22
Why Are Precious Metals Considered A Good Investment? Find Out Here - 23rd June 22
UK House Prices and the Inflation Mega-trend - 22nd June 22
Sportsbook Betting Reviews: How to Choose a Sportsbook- 22nd June 22
Looking to buy Cannabis Stocks? - 22nd June 22
UK House Prices Momentum Forecast - 21st June 22
The Fed is Incompetent - Beware the Dancing Market Puppet - 21st June 22
US Economy Headed for a Hard Landing - 21st June 22
How to Invest in EU - New Opportunities Uncovered - 21st June 22
How To Protect Your Assets During Inflation - 21st June 22

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Looking to buy Cannabis Stocks?

Companies / Cannabis Jun 22, 2022 - 10:05 PM GMT

By: Travis_Bard

Companies

Cannabis stocks are something you should definitely think of adding to your portfolio. This industry will be part of the future, as more countries legalize its recreational use, but mostly because there is a continuous growth in the use of CBD, which is a substance inside the cannabis plant, which has been found to hold many medicinal virtues. Here are a few interesting ways for you to invest, right now.


The Growth of the Industry

We can say that the real interest in cannabis started with its legalization in Colorado, USA. Serious entrepreneurs went into business, and started growing plants. Soon, other states followed in America, before Canada finally also joined in, as a country where cannabis is legal for recreational purposes. The latter years have seen the growth of the market go wild. Only in 2021, it grew by 35%. Now the industry is worth almost $25 billion. But unless you decide to start growing cannabis seeds in your backyard, the best way to gain from this new market, is to invest in the stock exchange. Here are a few options for you.

Buy Stocks from these Companies

URBAN-GRO (URGO)

We were only partly kidding, when we said “buy your own seeds.” In fact, with the help of Urban-Gro, you could become the next big supplier, in the cannabis industry. This company provides controlled environment cultivation facilities to anyone who would like to go into the cannabis business. This is an interesting pick, since it has seen a constant revenue growth, over the last five quarters, of 120%. Either you can buy their stocks or join them and become a farmer, yourself.

CRONOS GROUP (CRON)

If you are looking to buy cheap cannabis stock, look no further than on the Canadian market. That’s because, in 2021, all stocks in this industry came crashing down. The reason is simple: Too many suppliers entered the market and overproduced cannabis. Therefore, the market was overloaded and the demand never got close to being sufficient. And so, the stocks dropped. So why buy Cronos Group? Because they are partly owned by a tobacco company (at 45%), and they are looking for new markets, away from cigarettes. Many people are saying they may be buying the whole thing soon…

Buy Cannabis ETFs

ETFs are good, as they help you diversify your assets in one field. The one that currently does this job best, is probably “The Cannabis ETF” (THCX). Its portfolio is extremely diversified, in the world of marijuana, which really provides investors an all-around entry into the world of cannabis, on the stock market.
Buy Stock from one of the “Big Boys”

There are major players in the cannabis industry, today. Mostly some that were already on the market, in other related or unrelated fields. We can think of Constellation Brands (STZ), as a very interesting investment. First, you are placing your money in a solid spirits company, and secondly, you are looking at new cannabis related products, that could be a big hype in the future, as they are looking to mix both spirits and this new rising product that is cannabis, together.

By Travis Bard

© 2022 Copyright Travis Bard - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in