- Investments in the marijuana industry are quickly surging, with more than $9 billion poured into the industry this year alone, up from roughly $5.5 billion invested over the same period last year.
- The marijuana business is booming, with industry size estimates placing the U.S. legal market currently above $12 billion, and projections pointing toward sales in excess of $60 billion in just five years.
- As the business advances, investors are seeing more and more stocks listed in major and smaller stock exchanges, from the Canadian Securities Exchange and the OTC Markets – a junior exchange in the U.S. – to the NYSE and the Nasdaq.
- An ETF, or exchange traded fund, is like a mutual fund, in the sense that they take money from a lot of people and then invests it into a diversified portfolio of companies.
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