There are many ways to invest in the new and booming Marijuana Industry-
These last few weeks have been both exciting and scary when talking about Stocks and/or Cyrpto-currency. Cannabis Stocks took a little bit of a dive at the begging of the week, but seem to be picking up once again.
When investing in something as new as LEGAL Marijuana, it's always a gamble, the trends just aren't there quite yet, and being illegal at a Federal level, the future can seem unstable for all investments.
If you're looking for safe investments, look to companies that have multiple platforms, such as:
Scotts Miracle-Gro (NYSE:SMG): This company was already successful before the Cannabis "add on" so if the Cannabis Stocks do collapse, this company has its lawn and garden stability.
GW Pharmaceuticals (NASDAQ:GWPH) This company has the lead in experimental drug, Epidiolex and would most likely still do well if it's Marijuana research came to a hault.
It is said that Cannabis stocks will do well into the future, with a little research, you can follow the trends and make a decision on which stocks are best for you. Here is a Link to the Marijuana Stock Universe: http://marijuanaindex.com/marijuana-stock-universe/
Fun Fact "If you substitute marijuana for tobacco and alcohol, you’ll add eight to 24 years to your life"