With the bills passing in the house to legalize cannabis in many of the states of America, a new door has opened for business. People are running to register themselves as to become the foremost pioneer in the sector of marijuana . The number of states going for legalizing recreational marijuana in the US is increasing, moreover in the country of Canada; they are coming up with a pot-friendly jurisdiction in coming years. A set of rules and regulations are being discussed in the house to come up with a concrete law abiding bill which will be friendly to both the consumers and the makers.

If you know what to harvest, and you know the best ways of it and how much of them you can stock will be the factors which will decide the life of your business. Marijuana businesses raised $4.3 billion through the end of last month, according to data from cannabis advisory firm Viridian Capital Advisors cited by  Marijuana Business Daily. “The industry is on track to bring in $8 billion by the end of the year, up from $3.5 billion in 2017.” It is like investing in NETFLIX back then in 2004, where every $ 1000 invested has now turned into $156,280.

Forbes recently came up with stats, which states that “ Silicon Valley has been funneling capital into the cannabis industry since the early stages of the legalization process, but this space remains closed to the average investor. The only way for individual investors to take advantage of the industry’s 16 percent projected annual growth

The rate is to make a direct investment in a marijuana business or to join a syndicate group as a limited partner. However, this approach is not a viable option for most investors due to the amount of capital required, access to deals, and illiquidity.”

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The Enquirer in one of their publications pressed that, “ There are roughly a half-dozen exchange-traded funds in the marijuana and cannabis space, including the first mover in the U.S., ETFMG Alternative Harvest ETF (MJ). But the fund’s price and its underlying holdings haven’t been moving in sync lately, the Wall Street Journal reported , drawing the attention of regulators.”

“Investing in these is completely speculative, and shouldn’t be money you use for retirement savings,” a very firm statement but Bloomberg analyst Eric Balchunas , “But if you see it as the end of Prohibition Part Two, then there’s a strong case for owning these.”

No doubt that investing in Cannabis is being regarded as one of the most potential markets. More and more states are getting under the radar for the legalization of Cannabis by the federal government, but one should proceed only after gathering enough knowledge of the stock and the company.