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Cannabis
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The cannabis industry is made up of companies that either support or are engaged in the research, development, distribution, and sale of medical and recreational cannabis.
How can investors profit from the cannabis industry? Is it too late to get in? We would say, NO. There is still a lot of opportunity as it is a veryyy young industry. There are plenty of undervalued opportunities and new companies and developments popping up every week.
Global pot markets are literally growing like a weed. Worldwide spending on cannabis is estimated to top $29 billion in 2020, according to Statista. And reach $90.4 billion by 2026.
Here’s what you need to know about investing in cannabis stocks.