Colorado’s Top Marijuana Stocks

Colorado’s Top Marijuana Stocks
Colorado’s Top Marijuana Stocks

If somebody predicted that investors would be anticipating high returns in marijuana stocks just a couple of years ago, most people would have laughed at the idea and shrugged it off. However, this is exactly what is happening and with marijuana policies constantly changing, the outlook for the green market is flourishing. By 2020, marijuana sales are forecast to exceed $13 billion, according to Forbes. As the opportunities to market medical marijuana commodities arise at a rapid rate, public companies in the cannabis field are considering the potential of selling their ”green” merchandise on the stock market.

From plant fertilizers to synthetic THC products, publicly trading companies are taking full advantage of pot stock emergence. What’s more, out of the 29 states that have legalized medical marijuana, Colorado takes the reins in terms of cannabis investments. Profits are being turned over faster than specific strains are producing buds therefore it’s not really surprising that more stocks are being added tot he U.S. Marijuana Index daily.

Marijuana Merges with Colorado’s Rocky Landscape

Legalization for cannabis in Colorado occurred in January 2014, following the passing of the Colorado Amendment 64 on November 6, 2012. Now, six marijuana plants can be legally grown in a private and secure space by adults aged 21 or above. As if that wasn’t enough to make Colorado stand out as a pioneer pot state, ‘potpreneurs’ are popping up everywhere and thanks to legal recreational marijuana sales, over $117 million was accumulated in excise taxes less than two years after recreational marijuana becomes fully legal!

Colorado’s Publicly Trading Marijuana Companies

Since Coloradans voted for the legalization of medical marijuana under Amendment 64 back in 2012, the changes have been nothing but positive. Job growth, increased tax revenue, and a reduction in violent crime reports are just three examples of the ways in which the state has benefited from giving people permission to puff, puff, and pass their home-grown cannabis.

Companies with an interest in pot stocks can prepare for long-term profit potential, witht the following Colorado-based businesses already trading publicly:

Find out more at cannabisfn.com


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Cannabis News, Investing