The cannabis industry is a wealth of trading opportunities, its growth is driven by legalization that continues to spread across the US and Canada and spurred on by ever-increasing support from the public. A cannabis trading is a gauge of performance from a section of the cannabis industry. The price of cannabis trading will be derived from the prices of a selection of related cannabis assets.
Investing in the legal cannabis industry, including the risks and challenges, the biggest companies to watch, and why ETFs could be the safest way to add marijuana stocks to your portfolio. The medical marijuana market offers strong short-term income potential. But the recreational side continues to attract investors as more states pass legislation.
One of the biggest risks of marijuana investing is that its rising popularity makes it a prime target for scam artists. The compound annual growth rate of the marijuana industry has been estimated at around 21%. A majority of doctors support medical marijuana at 76%. There has been a 140% increase in the number of people who used cannabis for the first time.
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