Forty-three percent of investors have the impression that the marijuana industry is growing at a rapid pace and 34% believe there’s a lot of uncertainty in the cannabis stock market and the industry as a whole.
Opposition to cannabis legalization has been on a decline for years, with a majority of Americans in favor of some form of legal marijuana, recreational and/or medicinal. Surveys such as Pew’s are often used as a barometer for the subject of legalization, but the sentiment surrounding cannabis’s status can be measured through a different lens — investor confidence.
A recent survey by personal financial news site GOBankingRates.com found that 1-in-10 people have already invested in marijuana companies and another 40% would consider it in the future. About a third of respondents said they would consider …
Disclaimer: All posts made on this website are provided for information purposes only. None of the information here is intended as investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any security, Company, or fund. Before making an investment decision, you should seek the advice of a qualified and registered securities professional. The author is not paid to share this information. Cannabis Investment Group is not paid to share this information and has no business relationship other than shareholder with any company whose stock is mentioned in this article.