It’s the new, and a big one.
Investment in cannabis is going to grow at an alarming rate, according to a new report by cannabis investment fund Fidelity.
The funds analysis of 20 publicly traded stocks from the cannabis industry suggests that the sector is expected to see a return of $1.2 trillion by 2020.
“The cannabis industry has the potential to grow exponentially in the next two to three years, with companies like CanniMed, GW Pharmaceuticals, and Aphria looking to increase their capital and revenue through new markets,” Fidelity said.
The report also highlights several investment strategies that investors can use to diversify their portfolios.
“For more than a decade, cannabis investors have been investing in stocks that focus on the health and wellbeing of the people in our communities, and the cannabis companies we love,” Fife Capital managing director John Vass said.
“Now, we’re seeing more people turning to cannabis investing and we think this is going be a huge opportunity for the cannabis sector.”
There are many opportunities for investors, including the possibility of a long-term investment opportunity for both institutional and individual investors, as the marijuana market continues to expand.
Investors can also diversify the investments they make with mutual funds and ETFs, the report said. “
If you are a young person, looking to get into the cannabis market, or just want to get a better handle on how the cannabis economy is progressing, investing in the cannabis stocks is a good way to start,” Vass added.
Investors can also diversify the investments they make with mutual funds and ETFs, the report said.
“Investors looking for a good value for their money can invest in these stocks through mutual funds or ETFs that focus specifically on cannabis stocks,” the report added.
Fidelity has also launched a new cannabis investment platform called Cannabis Capital.
Fidelity will offer a broad range of investments, including mutual funds, ETFs and cryptocurrency platforms, as well as offering investment advice.
The cannabis sector is estimated to be worth $8.4 billion, according the Cannabis Industry Association of America, and is expected continue to grow.
“With the potential for growth and growth, it will be an exciting time to be a cannabis investor,” VASS said.
“Investors should think long term.”
The Fidelity report, however, is not the first to highlight the importance of diversifying in the industry.
The US Securities and Exchange Commission (SEC) has also warned investors about investing in speculative cannabis investments, and said that the “potential for a volatile market environment” and “high volatility” could hurt investors.