Avigo Capital Cannabis Investment Account
Big institutional investors are getting increasingly high on the growth potential for products derived from the cannabis plant, more commonly known as marijuana. Bank of Montreal, in a decidedly bullish forecast, says the market could be as a large as $194 billion worldwide by 2025, should the U.S. federal government legalize cannabis, Business Insider reports. .
Growth like this would further boost cannabis stocks and spur more entrants. A long list of cannabis-related stocks already trade on North American exchanges and include Cronos Group Inc. (CRON), Aurora Cannabis Inc. (ACB), Canopy Growth Corp. (CGC), and Tilray Inc. (TLRY).
Avigo Capital is a big investor in the cannabis market, we strive to help investor make good use of funds deposited in their accounts with the help of professional fund managers for the best possible investment returns from this flourishing sector.
Impact of Cannabis Legalization in Canada
As with any new and popular product that enters the marketplace, businesses will do what they can to profit from increasing consumer access and demand. The legalization of recreational cannabis, as well as the growing use of medicinal marijuana, means that both companies experienced in the cannabis industry as well as new pot startups will be a nexus for investment.
Should You Invest in Marijuana?
Let’s cut to the chase: No one can ever say with absolute certainty that a stock is a sure thing. The smartest thing you can do as a potential investor is to carefully study the pros and the cons of adding Canadian marijuana stocks to your portfolio.
Benefits of Investing in Marijuana Stock:
1. A Thrilling Ride: The pot industry is still in its infancy, and if you’re an investor who likes the adrenaline rush of the ups and downs of an emerging industry, cannabis is one of the most exciting stocks to own at the moment.
2.Room for Incredible Growth: With the US still not showing signs of legalizing recreational pot use at the federal level, Canadian cannabis stocks have a chance to grow exponentially as the country tries to corner the market in North America and internationally as well.
3.A Stock You Might Believe In: If you’re a “conscientious” investor who likes to intellectually and emotionally believe in the companies you invest in, then cannabis could be a relevant choice for you, depending on your interest and values. If you, a friend or a family member take medical marijuana, or if you support the use of recreational pot, investing in Canadian marijuana stocks is a chance to inject something you feel passionate about into your portfolio.
How Can You Invest in Cannabis?
All this information about investing in marijuana stocks may seem overwhelming. But take heart: Whether you’re an experienced investor or just starting to develop a portfolio, the good news is that avigo capital has experinced stock traders who will help you in selecting the best stock to trade on and make profits for you.