Looking at the cannabis industry, we see that there is such a frenzy of activities taking place in it, all that actually depict the fact that the industry is at a critical all time high. Going by the reports and estimates by the experts in the investment sector, the investments in the cannabis industry in the passing year has reached the level of 5 billion dollars. The trends are not just so for the investments in the industry but the same trends are seen for the sales, which have been estimated to get to such heights as high as 10 billion dollars. This growth has as such led to the widespread entering of a number of the companies in the cannabis industry listing in the stock exchanges such as NASDAQ and NYSE and other major stock exchanges.
Even though the smaller businesses in the industry have recorded such mixed up results in the past, posting sky rocketing returns and at other times losses, the larger and more established ones have been so steady in their performance. Looking at these facts, it is as such a fact that you will still not quite wish away the good companies in the cannabis industry as a result of the gains that have been witnessed over the past few years. See some of the sure tips to help you make an investment in the cannabis industry.
The one thing that needs to be as clear as we look at investments in the cannabis industry is the fact that investing herein is not actually one that is a preserve for the growers and retailers. Thanks to the legalization that has been so seen in the sector by state and federal authorities, a number of the companies that offer ancillary services and other derivative products and services that used to operate outside the cannabis sector have gotten on board.
It is as well supposed to be noted that in as much as there has been a legalization of the use of cannabis at state levels in the United States for medical and recreational purposes, an act that has as such led to thriving of the companies in this industry, at the federal level it is still illegal. This fact has quite led to it being so difficult for a number of companies to get listed on the national stock exchanges such as NASDAQ and the NYSE. To help overcome this need as they seek to raise additional capital, a number of the companies in the cannabis industry have as such gone public on the Canadian stock exchanges where the laws and regulations on the cannabis industry and products have been so relaxed and allow for the use of the cannabis products at the national level.