Marijuana Stocks To Watch: How To Get Started
Over the past decade, the cannabis industry has changed drastically. It seems like in the past two to three years alone, marijuana stocks have completely taken over investor’s minds. But, with so many pot stocks to watch in the industry, it seems as though some investors may not take the time to do their research. In order to have the best chance at seeing returns from the cannabis industry, those who wish to invest in marijuana stocks need to know all the details about the market. This includes everything from the types of pot stocks to watch, all the way to the industry legislation.
With all that in mind, investors can begin to make more educated decisions about which marijuana stocks are worth watching. For starters, there are several umbrellas that govern the cannabis industry. These include the recreational industry, medicinal, and CBD/Hemp. All of these have their own pot stocks to watch, and all have their own inherent value. Studies have shown that recreational cannabis alone could be worth more than $12 billion within the next five years. If that is true, there is a lot of growth that has yet to take place in the cannabis industry.
The Different Aspects Of Marijuana Stocks
As mentioned before, investors should first start with the market they want to invest in when searching for a pot stock to watch. This includes medicinal marijuana pot stocks and recreational marijuana pot stocks. The former has a smaller market size, but investors believe these cannabis stocks to be more stable than others. On the other hand, recreational pot stocks like Canopy Growth Corp. (CGC Stock Report) and Aphria Inc. (APHA Stock Report), have garnered the most amount of attention. This may be due to their size, but it could also be due to the industry that they are involved in.
Outside of this, we have the CBD and hemp industry. The pot stocks that are in this area include ones such as Charlotte’s Web Holdings Inc. (CWBHF Stock Report) and more. These companies can be both volatile and stable, but it truly depends on the individual pot stock. Between hemp and CBD, investors have stated that the industry could be worth more than $5 billion within the next two to three years. Again, that is a massive jump from where we are and warrants looking further into it.
The International Cannabis Industry
Around the world, marijuana has become more and more widespread in many countries. With legislation at its backbone, the global cannabis industry could be worth as much as $50 billion within the next decade. This may be an overstatement, but it stands true that there is a lot of potential here. Although the U.S. cannabis industry is the main focal point right now, Europe and other areas of the world also have promising cannabis industries on the rise. There are not many pot stocks to watch that have invested in Europe, but a few key ones have.
These companies are betting on the future of the European cannabis industry rather than the present day. Again, the growth of European pot depends on new laws going into place in the various countries that exist there. With that, there’s no telling how far it could go. But, it goes without saying that the investment opportunity for the European cannabis industry is very much alive and well. With that in mind, the cannabis industry should continue to see a lot of forward momentum heading into the next few years and beyond.