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It seems like this year voters from all backgrounds have been rushed to the polls this year. Comfortable politicians have been loosing their seats and visible changes are being seen around the nation. In the mean time, as legalization makes progress in the polls, stocks have been making some progress of their own.
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Voters in Michigan have opted to make their state the next to legalize marijuana. Portions of the new law allowing for licensed businesses to grow, process and sell cannabis to consumers will come online over the next year. The measure directs---state regulators will issue business licenses for cultivators, processors, testing labs, secure transporters, retail outlets and cannabis micro businesses.
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The economic benefits of legalizing weed have already been apparent as the first states have moved to change their legal positions. Overall, legal marijuana could mean a big push for state economies and big bucks for both the state and the federal governments. Below, we'll explore some of the key economic benefits of legal marijuana.vestopedia on Facebook
You have to wonder if investing in cannabis is legal because on a federal level, things still seem to be up in the air. With more companies going public every day, the still illegal industry is growing rapidly. Score one for the stoners: The pot industry is poised to be gigantic as more states embrace legalization. And, if you want to get in on the ground floor, several advocates say now is the right time to bet big on marijuana.
October was definitely not a good time for stocks in the marijuana industry. But the combination of a broader market correction and a "sell the news" mentality after cannabis became legal in Canada led to dramatic declines. All four stocks ended the month down by roughly a quarter to a third.
However, it can be more informative to look at stock performance over the course of a typical cycle of upward and downward stock movements. Three months is hardly enough to be considered a true market cycle, but it does give a good sense of how abrupt rises and falls of a market often work out in typical corrections.
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The legal U.S. cannabis market is projected to reach more than $20 billion by 2022, according to the “The State of Legal Marijuana Markets, Sixth Edition” (SOLMM6) released by Arcview Market Research in partnership with BDS Analytics. This growth has the potential to generate more than 467,000 full-time equivalent jobs in 2022.
And despite federal prohibition, the SOLMM6 asserted that the U.S. legal cannabis industry experienced 31% growth in 2017. Arcview forecasts that the continuing state-by-state roll-out of medical-use programs and then adult-use legalization will bring a 22% compound annual growth rate to the market over that five-year forecast period.
Excerpt from Yahoo Finance
A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, ranging from office and apartment buildings to warehouses, hospitals, shopping centers, hotels and timberlands.
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Everyone seems to be interested to know about weed stocks and learning more information abouten will marijuana stocks begin turning a profit on a recurring basis? No one seems to know. Unfortunately, there is no one-size-fits-all answer. Capacity and expansion for business reinvestment are only a few factors which vary between companies which currently dominate the market like Aurora Cannabis and Canopy Growth. Real estate companies have also caught the attention of investors by creating predictable cash flow from targeted long-term leases geared specifically towards the cannabis industry. So, when it comes to determining an exact time frame for profit, there is no sure formula. However, if one thing is for certain, there is currently a lot of room for growth in the industry and doing research is more important than ever. Choosing the right company or stock could be well worth it in the end.
"What aisle can I find weed?" This question may sound strange now, but it could become a reality in the near future. Walmart announced it would be "exploring" the possibility of selling cannabis infused products. This came as no surprise to those who caught their 2017 announcement to begin carrying seeds/seedlings products and earlier this year their decision to carry cannabis soil online. In any case, seems like the Waltons have hopped in the weed game. No biggie, just the world's biggest retailer (shrugs shoulders). Investing has no longer become a question of "when" to invest but rather "what" to invest in. Get ready folks...the last gold rush is approaching.
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The marijuana industry is expanding rapidly and becoming more socially accepted. Due to this fact, many people are looking at the cannabis industry as a possible career choice. Whether they worked with marijuana in the black market or just want an alternative to the standard desk job, thousands are trying to enter.