Cannabis Trade

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As marijuana continues to expand the number of places where it is legal, some investors are excited about the profit potential for the cannabis industry. Total legal cannabis sales are expected to grow more than 16 percent a year and reach $51 billion in 2025, according to cannabis research firm New Frontier Data. Medical benefits and the growing use of products tied to cannabidiol, or CBD, make the cannabis industry ripe for continued growth.

Once you’ve decided whether investing in the cannabis industry makes sense for you, there are a few different ways to actually invest — many of which are accessible through obaliance company.