Cannabis

Global spending on legal cannabis is expected to grow 230% to $31.3% billion in 2022 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. The research projects a majority of that, nearly $23.4 billion will come from the United States. In context of more states voting in favor of marijuana use legalization and business interest sparking across the board, that definitely would make sense.

In the year through January 11, 2019, the United States Marijuana Index, fell 20.7%, as compared to about 6.5% loss seen by the S&P 500. Given that is not exactly an apples to apples comparison, but it does make a case to at least investigate investments in marijuana stocks. (May 6, 2019, Mrinalini Krishna, Investopedia)

Once strictly controlled, cannabis is making significant steps towards legal trade. Late 2018, Canada opened the way as the first G7 country to legalize marijuana for both recreational and medicinal uses. Some of the reasons which persuaded Canada to legalize the substance was to displace the cannabis black market which...
Canadian companies are increasingly expanding abroad in pursuit of opportunities for growth in the cannabis sector. Many countries coming to terms with the benefits posed by the cannabis plant, be it for medicinal and recreational purposes, has created a window of opportunity. The likes of Aurora Cannabis Inc. (TSE:ACB),...
The legalization of cannabis in Canada has led to the creation of many companies, each with its own contribution to the rapidly growing industry in the country. The cannabis legalization in Canada paved the way for heavy demand for cannabis and CBD-related products in the country. Numerous companies have cropped...
The Ontario government is moving with speed to combat the illicit cannabis trade. The government has since approved the tripling of the number of provincially licensed pot shops with the addition of 50 new cannabis retail stores. Some of the stocks poised to benefit from the new regulatory change...
The legalization of cannabis for recreational use in Canada has presented unique investment opportunities.  The friendly regulatory frameworks is one of the catalysts behind the country’s burgeoning cannabis sector. Going forward investors may have to pay close watch to Aurora Cannabis Inc. (TSE:ACB), Canopy Growth Corp (TSE:WEED) and Nextleaf...
Canada’s cannabis sector is in a phase of robust growth if a report by Arcview Market Research is anything to go by. With spending on legal cannabis poised to reach $40.6 billion, Canada is on course to account for a huge chunk of legal cannabis sales. Amidst the expected...
Cannabis has officially had legal status in Canada for more than a year now and provincial governments have released their cannabis tax figures for the first five and a half months of legal sales. Data published on Wednesday revealed that the provincial and federal governments in Canada raked in C$186...
The international cannabis trade is five to seven years from taking off.  Standing in the way of full take off is a string of bureaucracy as well as stringent regulations around the world.  The presence of three international treaties that prohibit the movement of cannabis for recreational purposes is...
The cannabis industry is going mainstream thanks to an influx of investments. Recreational use legalization in Canada and some states in the U.S is a key development that continues to trigger cannabis marketplace expansion. With legalization rolling across North America and in other places around the world, cannabis is...
Recreational use legalization in Canada opened up the cannabis sector, giving rise to vast opportunities that companies and individuals are leveraging. The sector is poised to receive yet another boost, barely a year after the 2018 breakthrough. Aurora Cannabis Inc. (NYSE:ACB), Canopy Growth Corp (NYSE:CGC), and Hexo Corp (NYSE:HEXO)...