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In this video, I will be showing you how to buy marijuana stocks step by step. This includes buying Canadian marijuana stocks through the OTC markets. Investing in marijuana stocks is a little more complicated as many trade on the OTC markets, but it is not impossible! This video will help you buy your first marijuana stock.
MARIJUANA STOCK INVESTING COURSE: http://cli.re/gXd3er
There is a new trend emerging.
This trend is the emergence and growth of the marijuana industry.
For investors comfortable with higher risk investments, this might be something you want to be a part of. It is important to keep in mind that this is not an “all in” type of investment. But if you are looking for a higher risk and higher potential reward investment, light exposure to the marijuana industry might be exactly what you are looking for.
The North American Marijuana Index tracks the leading cannabis stocks operating in the United States and Canada. This index climbed 86.5% in 2017 alone. This “growing” industry (pun intended) has a lot of potential.
I’m not telling you that you are going to get rich by investing in a marijuana stock. But what I am telling you is that this industry is poised for growth.
In the United States, individual States are allowed to make their own decisions. Currently, 30 States have laws legalizing marijuana use in some form. However, cannabis is still a Schedule 1 Drug on a Federal level. This causes a lot of complications for marijuana dispensaries in the United States. For example, no access to banking for their business. On top of that, these companies cannot be listed as public companies as they are engaging in an activity that is still illegal on a Federal level. There is no feasible way to invest in these companies as a result.
In Canada, however, the legal climate is more favorable. Canadians can legally access and grow cannabis for medical purposes under the Marihuana for Medical Purposes Regulations (MMPR). In April of 2017, the government of Canada introduced bill C-45 which will create the Cannabis Control Act (CCA). The CCA will legalize and regulate cannabis use for adults and is expected to be enacted by July of 2018.
Since these Canadian companies are engaging in an activity that is legal, many of them have gone public on Canadian exchanges. You can easily invest in these companies through OTC markets. However, not all of these companies are what I would consider to be “investment worthy.”
This growing industry is in its’ infancy, and early adopters can reap the rewards. The potential growth for this industry cannot be questioned. While this is exciting news for investors, it is important to keep in mind that there are a few potential bumps in the road.
DISCLAIMER: WE ARE NOT FINANCIAL ADVISERS AND THIS IS NOT FINANCIAL ADVICE! YOU ARE RESPONSIBLE FOR YOUR OWN INVESTMENT DECISIONS. THESE VIDEOS ARE FOR EDUCATIONAL PURPOSES ONLY. OUR RECOMMENDATION IS TO ONLY INVEST WHAT YOU ARE WILLING TO LOSE.