The cannabis stock and the buzzes around it are unprecedented. Yes, several factors may have led to the present situation, but there is no taking away from it, the Canadian cannabis stocks are the real deal today for investors.
Canada has broken new grounds with the full legalization of the use of cannabis. Before now, the drug was approved only for medical use, under a controlled environment, but today, through an act of Parliament, the recreational use of cannabis has been made legal. This action has opened the one-time black market commodity to the mainstream corporate market and a vista of opportunities for investors.
Cannabis has always been big. The drug had found acceptance amongst the population from the early days of the hippies (50s and 60s). The ban on the street drug at some point, making its possession and distribution a class B felony caused the retreat of the commodity into the black market where it continued to hold sway as the most consumed illicit commodity of its time.
Today, the narrative is different. The discovery of the potency of cannabis has led researchers, pharmaceutical companies, and government to seek better ways of applying the drug. Companies like FSD Pharma have been advocates for cannabis, investing in researches to continue to find applications for the medicine in alleviating the sufferings of people with conditions that have defied conventional solutions.
The discovery of the medical use of cannabis created an industry while the recent legalization has helped in creating a profitable new economic sector that is solely cannabis.
The Cannabis stocks and the Canadian stock market
The effect cannabis stocks have had on the Canadian stock market is beyond compare. Many had likened the rush to when gold was discovered in Yukon. The enormous potentials of the cannabis stocks have attracted new and of investors alike, raising the market valuation from $5.6 billion in 2015 to about $30 billion today and still rising.
The cannabis market is big and still growing. As acceptance grows and the industry further develops, new opportunities continue to spring up, offering investors more options for capital gains.
There are several reasons to consider the Canadian cannabis stocks:
- Prospects for capital gains: Cannabis stocks are the ultimate growth player in the Canadian stock market. The sheer size of the retail and medical cannabis markets are enough stimulus to encourage any investor. The prospect for capital gains on your investment in cannabis stocks is guaranteed when you invest in companies like FSD Pharma. With FSD Pharma (CSE: HUGE), you can be sure of a guaranteed capital gain on your investment.
- Diversified Options: The cannabis stocks on the TSX includes licensed producers and businesses involved with supporting the industry. The cannabis stock market offers diversified investment options in printing, medical cannabis, licensed growing, logistics and retail.
- Early bird gains: Undoubtedly, the cannabis stocks across markets in North America are still growing. Although they have attracted huge capital investment, there is still an opportunity for investors looking to partake of the early bird gains of the industry. Not until 17th October when full dispensary of recreational comes into effect, the market is still open for the first callers. Cannabis stocks might not be posting the profits now, but don’t be fooled, the prospects are glaring, and opportunity is beckoning!
An investment in Canadian cannabis stocks is one for the future! An investment that holds enormous more so, when you invest in FSD Pharma.
FSD Pharma trading as HUGE on the Canadian stock market hassignificant growth potential for any investor.