CannabisMarketCap: An up-to-date list of all marijuana stocks
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Thanks to the rapid progress of legalization around the globe in the last decade, the cannabis industry is growing—even booming. And as you can imagine, there is a lot of money involved.
According to Forbes, the total amount of money spent globally on legal cannabis was about 52 million dollars in 2017, and is expected to grow to a whopping 2.5 billion in 2027.
If you are as passionate about cannabis as we are, finding a career in the industry can be the way to go; but another way to potentially profit from legalization are cannabis stocks. If you have never invested in stocks, then it all might sound a bit difficult, but the principle is actually really easy.
There are 3 different kind of businesses offering stocks in the cannabis market:
- Companies that grow the actual cannabis
- (Biotech) companies that make products made from cannabis
- Companies that offer products, systems, and services to make all this possible
Investing is a risky business, and if you don’t know what you’re doing, you should of course be very careful with your heard-earned money. Do research. Do a lot of research. And then double-down on checking that research. And remember, never invest more than you can afford to lose.
A good place to start would be to have a look at all the companies that offer marijuana stocks on CannabisMarketCap, a slick platform that tracks all the offered stocks, and where you can monitor how the general business and each individual company and stock is doing 24/7.
So, should you crack your savings open and start investing? Well, that’s up to you. But if you have any aspirations in benefiting from the growing market, a little research will certainly not hurt anyone.