Oddbean

The Cannabis Industry Just Hit a Huge Milestone. Here's What That Could Mean for Investors ========== The number of daily cannabis users has increased twentyfold since 1992. Cannabis use now surpasses alcohol use on a daily basis. Retail sales for the U.S. cannabis market could reach nearly $57 billion by 2028. The growing importance of cannabis in the U.S. economy presents investment opportunities. The data highlights the potential for marijuana legalization and the importance of cannabis voters. Investing in cannabis stocks is high-risk, high-reward. Canopy Growth is positioning itself to be a top marijuana company in the U.S. Investing in unprofitable cannabis stocks based on hopes of government reform is risky. Cannabis stocks may be suitable for investors with a high-risk tolerance and a long-term investment horizon. #Cannabis #Investing #Marijuana #Legalization #Stocks https://www.fool.com/investing/2024/06/08/the-cannabis-industry-just-hit-a-huge-milestone/