Legal Cannabis Is a Great Business to Track in the Stock Market

cannabis stocks

Challenges are going to present themselves at any point in life, and we aren’t always going to be ready to tackle them. Whether you are ready or not usually isn’t the issue, it’s whether or not you’ve properly prepared yourself. There are things that have to be taken into consideration regarding preparation, especially when dealing with the stock market.

There are many advantages that come along with jumping into the stock market scene. For the most part, you can earn a hefty profit by investing in the right stocks. There are more than enough investments to go around that fall under so many categories. With cannabis being legalized in different states, the chance of jumping on their stock options is eye-opening. It gives you the opportunity to test the marijuana market.

Now, expansion in the marijuana market has continued to flourish with it being legalized for its recreational uses in different places. With this happening, the cannabis market has rallied together a significant growth over some time. More and more cannabis markets are becoming more outstanding regarding their growth. There are 46 marijuana stocks in the North American Marijuana Index, and a nice handful of them are making a ton of money. Which is why investing in the marketplace could be the best possible move to make a beneficial profit.

The real challenge is being able to choose companies that are consistently beating the stock market. Noticing the best stocks to buy isn’t going to be the easiest task to try and accomplish without some insight. You don’t want to just jump in and end up failing, nobody wants to go through that feeling. Some of the best cannabis stocks are right there for the taking, you just have to know which ones are which.

Aurora Cannabis (ACB)

Of them all, Aurora Cannabis is one of the largest licensed medical cannabis producers out of Canada. With them being the largest, they own about twenty percent of the Canadian marijuana market too. While the company is known for spending heavy on investments, they’ve held the most known infrastructure in the entire global supply chain. It’s predicted that some of their assets are going to have a positive spin sometime in the near future. The company even operates in 22 countries across a total of five continents.

Green Organic Dutchman Holdings

The Green Organic Dutchman is a well-known organic cannabis producer that made its name after raising CA$132.26 million ($99.15 million) from its initial public offering. That number alone makes them a quality stock selection when looking to invest in something different. Not only will it be a significant addition to any stock portfolio, but they are also one of the largest licensed producers of 100 percent certified organic cannabis. While the company remains undervalued, they still plan on moving forward. They are looking to make a push to develop new and unique cannabinoid-infused beverages along with other products.

Cronos Group

Now, Cronos Group became a perfect stock option to look at once they took a step with partnering with Altria. This particular company has a huge name under their belt along with a great deal of knowledge on selling highly regulated products. Altria’s experience is going to be vital being that Cronos Group an up-and-coming cannabis company that’s new to the scene. In the long run, choosing to invest in them will prove to have been a very great move.

There’s always something new to learn in the world of stocks and all the information you take in will be well worth it. While the journey is indeed going to be challenging, you are bound to walk away from a happy investor for sure.

About Nicco Reggente, PhD 167 Articles
Nicco is the co-founder and CEO of WoahStork and Strain Genie-- two companies dedicated to bringing to life his passion of bringing personalized medicine to the cannabis industry. Nicco received his PhD from UCLA in cognitive neuroscience with a focus on machine learning applied to neuroimaging datasets. He previously received two B.As from NYU in Psychology and Philosophy.

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