Benzinga Cannabis Hour is a weekly show that focuses on the latest news and business trends in the cannabis industry. So, let’s deep dive into the video to know learn about cannabis stocks. Subscribe for daily trade ideas https://www.youtube.com/c/Benzinga
The cannabis industry is the two major types of businesses. One of them are cultivators, which is growing, and another one is dispensaries, which is the selling. These include data platforms, ag-tech companies, point-of-sale systems, payment processors, digital marketers, attorneys, accountants.
Due to a growing cannabis market, stocks in this industry are likely to grow considerably, but the investments will still carry a significant amount of risk. There are certain companies that are likely to do well.
All of these stocks have high valuations, but they also have massive growth ahead of them. This makes them a speculative and longer-term play, but if the current trends continue, they could grow into a great investment.
The cannabis industry is a relatively new area of investment, creating an array of opportunities for adventurous traders like you. The marijuana industry includes companies directly related to the research, development, and distribution of cannabis products, as well as companies that indirectly support these operations.
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