The growth experienced by the cannabis industry in 2018 was unlike any other year. With 2019 forecast to follow in the same vein, there has never been a better time to explore your investment opportunities. Continue reading to find out how www.cannabismarketcap.io presents all the data you need to make an informed decision on future investment.
2018 HAS BEEN A HISTORICAL YEAR FOR THE CANNABIS INDUSTRY
If you had asked analysts and cannabis industry experts to predict the future this time last year, no one could have imagined the change that would take place. The global market for cannabis has grown exponentially over the previous 12 months, with 2019 forecast to be no different. Regulatory reform has been rife, scientific studies have doubled in number, and who could forget the momentous decision that Canada took by legalising both medicinal and recreational cannabis.
Two thousand eighteen was truly a year of firsts for the cannabis industry, spurring unrivalled growth from companies in all sectors. Long-standing businesses have expanded, new companies have entered the industry, and the stigma associated with cannabis has started to lift. We have even seen mainstream industries choosing to invest in marijuana. Most notably, Constellation brands and their four billion dollar investment in Canadian cannabis producer, Canopy Growth Corp.
FUTURE PREDICTIONS CONTINUE IN THE SAME VEIN
Although one of the highlights for 2018 will be the development of a legal cannabis market in Canada, opportunities emerged in Europe, a growing number of American States and several South American nations. Investors no longer appear scared of the potential risk posed by the cannabis industry. Instead, many companies have managed to secure venture capital funding or become publically listed on the stock exchange.
The question on every investor’s lips will be, is this rampant expansion a flash in the pan, or the sign of a golden era for the cannabis category? Fortunately, forecasts predict more of the same in 2019. Several analytical companies have released reports to suggest both the medicinal and recreation markets of cannabis will continue to grow for the next ten years. The result will be industries worth billions with tremendous opportunity awaiting those willing to get involved.
INVESTING IN CANNABIS CAN BE A DAUNTING PROSPECT
Understandably, breaking into the cannabis industry, especially if you are unaware of how the market has been developing, can be an uncertain prospect. Previously, the tools needed to make informed decisions just weren’t available. It was incredibly difficult to keep track of a companies share price, investment activities, or its ranking among other key players. What investors needed was a chance to conduct due diligence. What they needed was CannabisMarketCap.
Whether you are debating an investment in cannabis for the first time, or a seasoned trader, CannabisMarketCap presents information unlike that of typical stock data websites. Most of the time, traditional sites are overloaded with triggers, making information hard to read, digest and understand. Instead, CannabisMarketCap aims to provide all the relevant data in an easily digestible manner. Gain access to cannabis company stock prices, market caps, charts and much much more with just a few clicks. Explore the potential of over a hundred companies, including well-known businesses like Canopy Growth, Tilray, Aurora Cannabis and GW Pharmaceuticals.
A VALUABLE TOOL FOR ALL INVESTORS
By gaining a clear overview of the cannabis investment landscape, all investors are given a fantastic chance to benefit from the boom in the cannabis industry. In conjunction with the enormous growth potential, CannabisMarketCap is an invaluable tool for those weighing up their options. Of course, those prepared to “strike while the iron is hot” stand the best chance of benefiting, but even cautious investors can still utilise the information and potentially turn it to their advantage.
With so many opportunities in the cannabis sector, will 2019 be the year that the industry expands beyond its wildest dreams? While only time will tell, CannabisMarketCap can keep you up-to-date with the changes that matter.