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. With investments having gotten to such levels, the same trends are seen to be applicable for the sales as well for this market as this has shown the potential to get to as high as 10 billion dollars in the year in which we are ending. Thanks to the growth that has been so seen in this market and industry, and the potential it has, a number of the companies in this industry and cannabis affiliated ventures have as such entered the mainstream, with many getting into the major stock exchanges such as NASDAQ and the NYSE, to mention but a few.
In as much the smaller entities have recorded mixed results, posting astronomic returns and as well losses in the past, the more established ones have on the other hand recorded steady 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.
First and foremost, let it be known that investing in this industry, the cannabis industry, is not one that is not limited to the retailers and the growers. There are a number of the industries that were outside of the cannabis industry before legalization, offering ancillary services and other derived services and products, but today have gotten on board thanks to the legalization.
We as well need to note the fact that in as much as the use of cannabis for medical and recreational purposes has been so legalized at state levels in the US, at the federal levels, this is still illegal anyway. As as result of this, there has been seen such a challenge for a number of the companies in the industry to get listed on the national exchanges such as NASDAQ and the NYSE. In an attempt to raise additional capital for their businesses a number of the companies in the cannabis industries have as such decided to go public on the Canadian stock exchanges as there has been a decriminalization and legalization of the use of the cannabis products and the industry at large at the national level.