Going Green: Could the Next Wave of Hot Stocks in the Cannabis Industry
by Joe Grande
The next hot stocks to hit the U.S could be cannabis stocks according to market analysts.
According to marketing analyst for Forbes, the U.S. cannabis market is expected to reach up to $43 billion dollars by 2025.
The reasoning behind this projection is based on the 10 states that have been given the green light to sell cannabis legally in both 2021 and 2022.
As a result, more investors are expected to join in on the craze and purchase cannabis stock.
The cannabis industry has grown rapidly over the years due to its effectiveness in the medical and alternative medicine community.
Cannabis therapies such as CBD oil, capsule and gel caps, and even juices have grown the product's popularity in the U.S, which has also caught the eye of many investors looking to buy stocks.
The price of current cannabis stocks should be taken advantage of now, as they are only expected to continue to increase as the product's popularity continues to grow.