Canada’s cannabis industry is quite on the top at the moment. In fact, after cannabis was legalized in 2018 in Canada, people have been flocking towards it. The truth? Cannabis has been there for some time now and it is a move catering towards world problems.
Cannabis was legalized in Canada in 2018 and it is now considered as one of the top most investments in the country.
If we are talking about cannabis, we can safely say that it is one of the products that catch a lot of attention and a lot of visitors. In fact, cannabis impels a lot of visitors to invest in the country. Essentially, this makes cannabis a choice of product for Canada and then, a source of foreign direct investment in the country.
Today, you can invest in Canada’s cannabis industry through different means and sources, especially through marijuana stocks.
What’s more interesting is that the cannabis industry is hotter than ever. With the new deals announced daily, and with mergers and acquisitions, marijuana companies are becoming mainstream. Two popular ETFs in this Cannabis industry include Horizons Marijuana Life Sciences Index ETF, the ETFMG Alternative Harvest ETF (NYSE: MJ) on the stock exchange, cannabinoid based biotech called GW Pharmaceuticals PLC-ADR and then the Canopy Growth (NYSE: CGC), which is trading on the NYSE and more.
One of the best ways to invest in Canada’s cannabis industry is through over the exchange counters.
Canada’s cannabis industry is quite well established. It is there on a federal level. Most companies are trading over the counter but they are limiting their volume and exchange in the United States. The shift and focus is now Canada.
Overall, Canada’s cannabis industry is a catch. If you are interested in investing in its stock market, you should try to go for it by following the tips above.