The Marketing Guardian The Marketing Guardian
  • Marketing
  • Business
  • Technology
  • Gold and Diamond
  • Fashion
  • Finance
  • Travel
The Marketing Guardian The Marketing Guardian
The Marketing Guardian The Marketing Guardian
  • Marketing
  • Business
  • Technology
  • Gold and Diamond
  • Fashion
  • Finance
  • Travel
marijuana
Home Blog Business What to Know About Marijuana Stocks for the End of 2020
  • Business

What to Know About Marijuana Stocks for the End of 2020

  • March 28, 2022
  • themarketingguardian
Total
0
Shares
0
0
0

Getting marijuana industry news is vital to help you decide which stocks to invest in on the stock market. Information about which companies are expanding and their partnering in the market is of great importance. There is always news in the cannabis industry.

Investors should generally look for cannabis information in areas such as legalization, partnerships in the industry, and developments about medical marijuana.

Table of Contents

  • Information on Legalization
  • Information About Medical Marijuana
  • Information on Partnerships in the Cannabis Industry
  • Trends to Observe in the Cannabis Industry

Information on Legalization

  • According to the experts at Money Morning, investing in cannabis stocks will generate you more profits as more countries legalize marijuana.
  • The usage of cannabis is recreational purposes is already legalized in four countries; Canada, Uruguay, Georgia, and South Africa. 11 states in the US also legalized recreational marijuana.
  • Thirty countries on all continents (except for Antarctica) legalized medical marijuana. The usage of medical marijuana is legal in 33 states in the U.S. Cannabidiol (CBD) products authorize in at least 30 states in the U.S. The rules that govern the medical use of cannabis, however, vary from state to state.
  • As per the U.S. federal law, marijuana is still classified as a Schedule I narcotic. This is the same group where heroin and cocaine falls.
  • Changes can always be expected. As shown in polls, the majority of Americans are rooting for the legalization of cannabis.
  • The U.S. House Judiciary Committee voted in 2019 to have marijuana removed from the Controlled Substances Act.
  • Although nothing occurred regarding the same in 2020, the House Judiciary Committee’s vote can be considerable the first step towards getting cannabis removed from Schedule I narcotics.

Information About Medical Marijuana

  • The first marijuana-based medicine approved by the Food and Drug Administration (FDA) in 2018.
  • Epidiolex (the drug) used to treat seizures for patients who suffer from certain forms of epilepsy.
  • GW Pharmaceuticals, the manufacturer, earned $120.6 million in revenues resulting from Epidiolex in the first quarter of 2020.
  • Countries like Germany and the UK also expected to approve the use of Epidiolex (according to one industry analyst).
  • The FDA also approved Elixicure’s over the counter CBD oil pain reliever in January 2020. The ointment reduces inflammation and soothes the body.
  • The FDA could also approve similar products ranging from drops to creams in the future.
  • As time goes, more medical marijuana companies are testing and exploring new products. Marijuana may be approved to be used in the treatment of more diseases.

Information on Partnerships in the Cannabis Industry

  • Many cannabis companies are partnering with other organizations. There are notable examples which include;
  • Molson Coors, a beverage company, partnered with HEXO to produce drinks infused with cannabis. The company will announce Flow Glow, a cannabis-infused drink, in December 2020. Tilray, a producer of medical marijuana, is to partner with Anheuser-Busch to produce cannabis drinks.
  • More partnerships, acquisitions, and mergers expected in the cannabis industry since it still coming up. For instance, Harvest Health and Recreation, a cannabis producer, announced buying a 32,000- square-foot growhouse from MJardin Group.
  • Investors could benefit from such mergers in several ways. The unions drive headlines, pushing stock  market write for  higher. The merging also provides broader markets and distribution to the cannabis companies.

Trends to Observe in the Cannabis Industry

  1. Investors in the cannabis industry need to observe trends and constantly read marijuana industry news to be aware of what to expect.
  2. As earlier mentioned, polls indicate that the majority of Americans would love to see the legalization of marijuana.
  3. Many young Americans favor the legalization of marijuana compared to the older generation. A certain poll showed that 66% of Americans want marijuana to be legalized.
  4. However, a stat to note is that the same survey showed that 80% of millennials (people born between 1980 and 2000) support legalization.
  5. You also have to take note of the growing cannabis industry. The estimated market for cannabidiol (CBD) could reach $2.1B in sales in 2020.
  6. That is one part of the industry, and more analysts indicate that the industry could raise on or after $9.7 billion in 2017 to $32 billion in 2022.
  7. Since the cannabis industry is developing in areas where cannabis was initially illegal, there is hope that the industry could grow bigger.
  8. Investing in marijuana stocks could be the best financial decision one makes as more countries are legalizing the use of marijuana.
  9. Also, their laws stipulate to govern the use of the product. This creates an amicable environment for the use of marijuana. As the industry grows, more mergers and acquisitions will also be witnessed.

READ MORE:- infoitspro

Review What to Know About Marijuana Stocks for the End of 2020. Cancel reply

Your email address will not be published. Required fields are marked *

Total
0
Shares
Share 0
Tweet 0
Pin it 0
themarketingguardian

Previous Article
bounce rate
  • Marketing

How You Can Optimize Your Site’s Bounce Rate: Basic Tips

  • March 28, 2022
  • themarketingguardian
View Post
Next Article
lawsuit
  • Business

How a chemical burn at work can lead to a lawsuit?

  • March 29, 2022
  • themarketingguardian
View Post
You May Also Like
Hiring Global Talent with the Help of TalentX Recruitment A Complete Guide
View Post
  • Business

Hiring Global Talent with the Help of TalentX Recruitment A Complete Guide

  • themarketingguardian
  • September 1, 2023
The Importance of SaaS Security
View Post
  • Business

The Importance of SaaS Security: Protecting Your Product and User Data.

  • themarketingguardian
  • June 9, 2023
rajkotupdates.news: pm modi india happy to join single use plastics
View Post
  • Business

PM Narendra Modi says India is Happy to Join with France For Single-Use Plastic

  • themarketingguardian
  • April 17, 2023
ethereum
View Post
  • Business

Why Is Ethereum So Popular?

  • themarketingguardian
  • January 30, 2023
Maximizing ROI: How a Virtual CMO Can Help You With That
View Post
  • Business

Maximizing ROI: How a Virtual CMO Can Help You With That

  • themarketingguardian
  • January 27, 2023
seo strategy
View Post
  • Business

The Best Off-site SEO Strategy for Your New Website

  • themarketingguardian
  • January 4, 2023
tablet
View Post
  • Business

Tips for Buying a Samsung Tablet Based on Your Needs

  • themarketingguardian
  • January 4, 2023
View Post
  • Business

The Benefits of Hiring an SEO Professional for Your MSP Business

  • themarketingguardian
  • December 28, 2022
Popular Post
  • 20 email marketing tips to boost e-commerce sales
    • Marketing

    20 email marketing tips to boost e-commerce sales

      • Marketing
    View Post
  • How to Pay for Drug Rehab without Insurance_
    • Health

    How to Pay for Drug Rehab without Insurance?

      • Health
    View Post
  • Hiring Global Talent with the Help of TalentX Recruitment A Complete Guide
    • Business

    Hiring Global Talent with the Help of TalentX Recruitment A Complete Guide

      • Business
    View Post
  • Navigating Financial Challenges_ Managing Church Finances During the Summer Season
    • Finance

    Navigating Financial Challenges: Managing Church Finances During the Summer Season

      • Finance
    View Post
  • French translation
    • Marketing

    Professional French Translation Services Singapore

      • Marketing
    View Post
Recent Post
  • 20 email marketing tips to boost e-commerce sales
    • Marketing
    20 email marketing tips to boost e-commerce sales
  • How to Pay for Drug Rehab without Insurance_
    • Health
    How to Pay for Drug Rehab without Insurance?
  • Hiring Global Talent with the Help of TalentX Recruitment A Complete Guide
    • Business
    Hiring Global Talent with the Help of TalentX Recruitment A Complete Guide
  • Navigating Financial Challenges_ Managing Church Finances During the Summer Season
    • Finance
    Navigating Financial Challenges: Managing Church Finances During the Summer Season
  • French translation
    • Marketing
    Professional French Translation Services Singapore
  • How To Measure Success From Influencer Marketing
    • Marketing
    How To Measure Success From Influencer Marketing
  • performance appraisal
    • The Marketing Guardian
    Major Tools and Techniques for Performance Appraisal
  • Online Casino Gaming
    • General
    Maintaining Momentum: What Not to Do When on a Winning Streak with Online Casino Gaming
  • Modnetwork: Network Of Farming Simulator Mods
    • Technology
    • The Marketing Guardian
    Modnetwork: Network Of Farming Simulator Mods
  • contraceptive
    • The Marketing Guardian
    Contraceptive Measures: A Comprehensive Guide on Potential Safety Risks
About Us

TheMarketingGuardian gives brand the management solutions. We are focused on bringing thoughts, motivation, strategy, and tools to help our clients to raise their business and make success.Our proved solutions have helped clients achieve their goals in an variety of grounds.

Recent Post
  • 20 email marketing tips to boost e-commerce sales
    • Marketing
    20 email marketing tips to boost e-commerce sales
  • How to Pay for Drug Rehab without Insurance_
    • Health
    How to Pay for Drug Rehab without Insurance?
  • Hiring Global Talent with the Help of TalentX Recruitment A Complete Guide
    • Business
    Hiring Global Talent with the Help of TalentX Recruitment A Complete Guide
  • Navigating Financial Challenges_ Managing Church Finances During the Summer Season
    • Finance
    Navigating Financial Challenges: Managing Church Finances During the Summer Season
Popular Post
  • 20 email marketing tips to boost e-commerce sales
    • Marketing
    20 email marketing tips to boost e-commerce sales
  • How to Pay for Drug Rehab without Insurance_
    • Health
    How to Pay for Drug Rehab without Insurance?
  • Hiring Global Talent with the Help of TalentX Recruitment A Complete Guide
    • Business
    Hiring Global Talent with the Help of TalentX Recruitment A Complete Guide
  • Navigating Financial Challenges_ Managing Church Finances During the Summer Season
    • Finance
    Navigating Financial Challenges: Managing Church Finances During the Summer Season
The Marketing Guardian The Marketing Guardian
  • About Us
  • Blog
  • Write For Us
  • Contact Us
  • Privacy Policy

Input your search keywords and press Enter.