Investing in CBD Stocks
If you’re a cannabis enthusiast ready to take your finances to the next level, there has never been a better time to invest in CBD. The CBD market, as well as the cannabis industry in general, is rapidly expanding as more and more federal laws and regulations are lifted in support of the industry. With the sale of CBD products becoming fully legal in the U.S., as well as the increasing amount of states incorporating all forms of legal cannabis, it’s clear that the plant as a whole has a bright future, with hemp is looking particularly enticing currently in terms of market performance.
For those who are new to investing in stock, it is understood that these things can be a bit intimidating. That’s what this guide is for. Below is a list of CBD stocks worth investing in, and multiple reasons for why you should strongly consider investing in this booming market.
Why Should You Consider Investing in CBD Stock?
Investing in the stock market is never an easy decision. There should be thought and reasoning behind any strategic move pertaining to the stock market. Luckily, when it comes to CBD and Hemp, there are many reasons why investing in this industry is a smart decision.
Convert Your Passion for CBD to Capital
Investing in the CBD market is a great way to both give back to an industry that benefits those who use its products, and profit while doing it. The CBD market needs a large amount of investment to thrive, especially during this critical time when laws and regulations surrounding it are constantly changing. In other words, you’ll feel gratified investing in a lucrative market that you believe in.
Highly Profitable Industry with Incredible Growth Potential
The market is predicted to continue its rapid growth through 2020, thanks to new progressive legislation surrounding hemp cultivation and the CBD/Hemp industry itself. This means that CBD is a safe investment as compared to other emerging industries. It is extremely unlikely to see a low return on your investment considering how quickly the industry is growing at this moment.
CBD Stocks Worth Your Money
There are thousands of CBD and Hemp companies out there, and the question remains- which ones are worth investing in more than others? Here is a curated list of CBD and Hemp stocks that are expected to perform best over the next couple of years.
Aurora is the darling of the cannabis stock market. Most experts believe that this is a company that’s going to deliver a big return to stockholders by the end of next year. Their CBD branch is performing especially well, and the U.S. market is responding. Their market cap is currently $4.825 billion.
With a market cap of $3.156 billion, Cronos is a company expected to do big things over the next year. Many experts are suggesting that people invest in this powerhouse of a company, as they recently acquired multiple successful hemp brands, a sign of positive growth showing no signs of slowing.
Canopy Growth is a Canadian company boasting a large market cap of $8.592 billion. The company has big plans for the near future, which includes entering the U.S. market using uniquely potent, high-concentration CBD. Experts believe that this company will have a high yield over the next year.
Cara Therapeutics is another company that has given experts reason to be excited. Currently, Cara is testing cannabis to incorporate according it into pharmaceutical products, while adhering to FDA guidelines. With hemp-based pharmaceuticals being an exciting new prospect, it’s no wonder why this company is perceived as promising to investors. Their market cap is listed at $878.193 million.
Increase Your Returns by Investing in This Rapidly Expanding Market
As mentioned previously, there has never been a better time to invest in the CBD and Hemp market. A market like this, which is steadily growing while also being extremely profitable, is hard to come by. It stands to reason that with the increasing amount of progressive cannabis legislation in the United States will only propel this market upwards. As the market soars, so should your profits! Don’t miss out on one of the safest, most profitable investment opportunities out there, and invest in this booming industry today!
Source: Yahoo! Finance