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  • Writer's pictureJulie Skye

Want to invest in Cannibis? Here are the questions to ask...

How to Invest in Marijuana Stocks- Seven straightforward steps to help you invest in high-growth -- but high-risk -- marijuana stocks.

Think there is money in them there leaves?

Keith Speights Oct 12, 2018

Global marijuana markets are, pardon the pun, growing like a weed. Worldwide spending on cannabis reached $9.5 billion in 2017, according to ArcView Market Research and BDS Analytics. The total is projected to increase to $32 billion by 2022, a compound annual growth rate (CAGR) of 27.5%.

With this type of impressive growth, it's no wonder that many investors are interested in investing in publicly traded cannabis stocks. What's the best approach for marijuana investing? There are seven key steps:

Understand the types of marijuana products

Know the different types of marijuana stocks

Understand the risks of investing in marijuana stocks

Know what to look for in a marijuana stock

Evaluate the top marijuana stocks and exchange-traded funds (ETFs)

Invest carefullyMonitor changing industry dynamics closely

Here's all you need to know about this seven-step process for investing in the fast-growing marijuana industry.

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