Legal cannabis is set to become a multi-billion dollar industry in less than a decade, but investors have only been able to invest in cannabis companies for just a few years. We have all the details about recreational and medical marijuana, not to mention explainers on CBD oil, hemp, and other marijuana products. Plus, we break down how to invest in the legal cannabis industry.
Following:
StackGreens recommends following the StackGreens Way, which includes regular investing, diversification, and investing for the long term. You won’t have to worry about trying to pick the right time to invest.
Long Term:
Investing for the long term can help insure that you aren’t locking in your losses due to short term fluctuations in the price of a stock.
Future:
The next gold rush could be green. As attitudes toward recreational cannabis use quickly change, the legal marijuana market is projected to grow into a $25 billion industry within the next three years.
Corporate:
Did you know you can invest in many of the companies creating the legal cannabis industry? Stash’s fund Corporate Cannabis tracks the Prime Alternative Harvest Index, which includes the stocks of 37 public and international companies.
Control:
We know investing can seem confusing, and it can be intimidating, even scary, to figure out the smartest way to put your money in the market or to even get started buying your first stock, bond, or fund.