In the past five years, cannabis went from a buzzword to a billion-dollar industry.
Between 2014 and 2018, a multitude of cannabis companies went public in Canadian venture
exchanges as well as in NYSE and NASDAQ, attracting billions in investments and opening the
floodgates to an era of immense growth, media attention and investor excitement often called
the “green rush”.
Investors are always looking for areas of growth in the overall public sector, and investing in the cannabis industry has proven to be a beneficial road to returns. A budding legalization movement across the globe and an emerging US market set to create US$80 billion by 2030 have led many investors to be eager to invest in the space.
Weston Capital Investments is a big investor in the cannabis market, we strive to help investor make good use of funds deposited in their accounts with the help of professional fund managers for the best possible investment returns from this flourishing sector.
Forbes and Fortune magazines have reported that the legal marijuana business should hit near $11 billion in sales by 2021, and it’s expected to triple in the next three years. California alone was responsible for $3.9 billion in medical marijuana sales in 2022, and Colorado’s legal marijuana industry is worth about a billion dollars.
These numbers alone show the exceptional value and potential of the medical marijuana sector. And as more enterprises enter the stage each year, it provides investors with exciting investment opportunities.
Weston Capital Investments
The cannabis market is a profitable niche, opening lucrative opportunities to many investors. Billions of dollars have been invested in cannabis over the past few years and stocks have been climbing as more and more states legalize adult use medical and recreational cannabis.
In 2023 alone, the revenue from the cannabis market reached over $51 billion and it will continue to have a robust and consistent growth rate of 14.95% by 2028 (Statista Market Insights). The anticipated total revenue is an astounding 102 billion – a figure that undoubtedly appeals to investors. This pivotal moment for the cannabis industry has given rise to a significant new investment opportunity for institutional and individual investors.
1. A Thrilling Ride: The pot industry is still in its infancy, and if you’re an investor who likes the adrenaline rush of the ups and downs of an emerging industry, cannabis is one of the most exciting stocks to own at the moment.
2. Room for Incredible Growth: With the US still not showing signs of legalizing recreational pot use at the federal level, Canadian cannabis stocks have a chance to grow exponentially as the country tries to corner the market in North America and internationally as well.
3. A Stock You Might Believe In: If you’re a “conscientious” investor who likes to intellectually and emotionally believe in the companies you invest in, then cannabis could be a relevant choice for you, depending on your interest and values. If you, a friend or a family member take medical marijuana, or if you support the use of recreational pot, investing in Canadian marijuana stocks is a chance to inject something you feel passionate about into your portfolio.
The pot industry is still in its infancy, and if you’re an investor who likes the adrenaline rush of the ups and downs of an emerging industry, cannabis is one of the most exciting stocks to own at the moment.
With the US still not showing signs of legalizing recreational pot use at the federal level, Canadian cannabis stocks have a chance to grow exponentially as the country tries to corner the market in North America and internationally as well.
If you, a friend or a family member take medical marijuana, or if you support the use of recreational pot, investing in Canadian marijuana stocks is a chance to inject something you feel passionate about into your portfolio.
Select an investment plan below that matches your financial goals and budget, invest and track your investment's progress from your dashboard.