Blog

Are Marijuana Stocks a Good Investment in 2020?

Wednesday, January 22nd, 2020
marijuana stocks

As more US states legalize marijuana, this has lead to additional investment opportunities for those looking to make money in the stock market.

It also raises the question, “Are marijuana stocks a good investment?”

There’s a lot to consider, so we took a closer look at this booming industry to see whether or not you should invest in weed stocks. Keep reading to learn more about investing in cannabis.

Cannabis Investment Opportunities

There are several different ways you can invest in the cannabis industry:

  • Growers and producers of marijuana plants
  • Drug companies that create marijuana products
  • Industries that supply producers and dispensaries with equipment

These provide a large range of companies you can invest in within this industry.

Are Marijuana Stocks A Good Investment?

There’s no definite answer to this question because it’s such a new industry. Marijuana hasn’t been legal long enough for these companies to have a long history.

Right now, weed stocks are considered risky by most investors. This makes it a bad idea for new investors that don’t yet have a large portfolio that can balance out the risk.

However, if marijuana stock does well, getting in now will allow you to see a massive amount of growth in the coming years since you can buy now while prices are low.

Overall, we recommend you proceed with caution while buying into the cannabis industry and focus on companies that have connections with other industries, like those that make grow lights that can also be used in agriculture.

How To Invest In Week Stocks

Now let’s go through the four simple steps you need to take if you want to get involved with this investment opportunity.

  1. Choose Investment Opportunities

The first thing you need to do is decide how you want to invest in weed stocks. We recommend choosing a combination of the three types of companies we mentioned above so you can diversify your portfolio.

  1. Research Companies

Take some time to look at each company before investing in it. Consider how much cash on hand that company has, what their business plans are, and if they have connections to other industries.

  1. Purchase Stock

There are a few ways you can buy stock in these companies. You can go directly through the NASDAQ or New York Stock Exchange with many of them. You can learn more here.

When purchasing week stocks, we recommend only buying a small amount at the beginning. If they seem to be doing well, you can add more stock slowly.

  1. Wait And Watch

We recommend waiting at least five years before doing anything with your marijuana stocks. This will give the industry time to find its footing and then you’ll see if it’s worth continuing to put your money into.

Learn More About The Cannabis Industry

Now you know the answer to the question, “Are marijuana stocks a good investment?” As you can see, you have to proceed with caution in this new industry but it could be extremely profitable if you’re wise about it.

If you want to learn more about what’s happening in the cannabis world, keep reading our blog. It’s packed with information that will help you follow this industry and its trends to make wise investment decisions.

Latest posts

Enjoy CBD

In All Shapes and Forms: 4 Ways to Enjoy CBD That Don’t Involve Vaping

Wednesday, September 23rd, 2020
Cannabidiol or CBD is an all-natural remedy people use to help relieve the symptoms of everything from anxiety and stress to the side effects of cancer treatments.  The most popular way to get CBD into your system is through Vaping or smoking; however, many individuals do not delight in this type of CBD delivery.
Hemp Flower

5 Signs You’ve Purchased High-Quality Hemp Flower

Wednesday, September 23rd, 2020
Hemp flower is one of the most pleasant ways to enjoy the benefits of CBD. You get all the flavor and smoothness of cannabis, but without the psychedelic high that normally accompanies its use.
View all posts

Latest Videos

CBD Oil

Tips to Getting the Right CBD Oil Dosage

Monday, January 22nd, 2018
One of the biggest concerns with medical marijuana is getting the correct dosage of healing cannabinoids. In most oils or dried flowers, it is almost impossible to determine the amount of active ingredients in each dose. Fortunately, there is a better, more precise alternative
View all videos

POT ETIQUETTE TESTIMONIALS

WHAT OUR VISITORS HAVE TO SAY

This site has taught me what marijuana can do. It has got me so fucking high. Thanks for the rolling tips, they really work!
~ KAREEM TATEM
I came across this site by mistake, lol, looking for a good brownie recipe. I LOVE THIS SITE!!! You are now my personal HERO!!!!
~ MRS. LEONARD
I absolutely adore this pot etiquette site. As a college student getting high is a regular part of life. Because of your advice I am now able to eat a brownie before class, and comprehend the material better. Thanxs for an awesome fuckin site.
~ BIA MAL