What do you need to know about marijuana stocks?
First, let’s cover some of the basics you need to know before investing in marijuana stocks: The marijuana industry is divided into three broad categories: Marijuana growers and retailers cultivate and package cannabis products and sell them to consumers. Biotechnology companies develop and market cannabis-based pharmaceutical drugs.
What happens to a cannabis plant after it is harvested?
Cannabis plants have the capacity to regenerate after harvesting, going back into vegetative mode and then flowering again for a second, and sometimes third, crop.
Is it safe to invest in the cannabis industry?
As states and entire countries decriminalize or legalize cannabis and/or its components, there are growing opportunities for entrepreneurs and existing companies. But, as in any nascent industry, there are also plenty of investment risks. Whether you’re a first-time investor or a seasoned veteran, it pays to understand how this industry works.
Who are the publicly traded companies in cannabis?
Lane and Hasse also had time to look into the following publicly-traded companies: Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) Harvest Health & Recreation Inc (OTC: HRVSF) Gage Growth Corp (CSE: GAGE) Khiron Life Sciences (TSE: KHRN) HEXO (TSE: HEXO) Meet The Hos
Who are the top marijuana stocks in Canada?
1 High Tide Inc.: High Tide is a Canada-based cannabis retailer. 2 Village Farms International Inc.: Village Farms International is a Canada-based agricultural producer. 3 Acreage Holdings Inc.: Acreage Holdings owns a portfolio of cannabis brands.
What does P / S ratio on Marijuana stock mean?
The P/S ratio shows how much you’re paying for the stock for each dollar of sales generated. Village Farms International Inc.: Village Farms International is a Canada-based agricultural producer. In addition to growing vegetables such as tomatoes, bell peppers, and cucumbers, the company now also produces cannabis.
What’s the market value of the cannabis industry?
Cannabis Stocks. Global spending on legal cannabis worldwide will hit $57 billion in a decade, according to Arcview Market Research and BDS Analytics. Driven by the legalization of recreational and medical cannabis and the increasing demand for both, legal cannabis revenue in the U.S. is projected to hit $23.4 billion by 2022.