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Stock impact report

The Smart Way to Invest in Marijuana Stocks [The Motley Fool]

Aurora Cannabis Inc. - Common Shares (ACB) 
Company Research Source: The Motley Fool
Investing in high-growth pot stocks is risky. But there are clever ways to mitigate that risk and take part in the green rush. Ready? Set? Go! As of Wednesday, Oct. 17, 2018, recreational marijuana sales are under way to adults in licensed dispensaries throughout Canada. This makes our neighbor to the north the first industrialized country in the world to have given the green light to recreational pot and only the second nation overall, behind Uruguay, to do so. What does legalization mean for the legal cannabis industry? Although estimates tend to vary wildly, Wall Street appears to be looking for $5 billion or more in added annual sales from domestic demand and via exports once things are fully up to speed. This exceptionally rapid sales growth is expected to translate into healthy profits for the industry. Image source: Getty Images. Investing in pot stocks made simple But as investors, we also know that not every marijuana stock will be successful. Some cl Show less Read more
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