Top 5 Marijuana Stocks for the Next Decade | Best Pot Stocks | Top Cannabis Stocks | Best Weed Stocks | Video Series 4/5
What are the best cannabis (marijuana, weed, pot, MJ) stocks to invest in long term? There is a ton of speculation and risk in the marijuana industry; however, it also has enormous potential upside reward. Many companies in the cannabis industry have opted to "go public," making their shares available for purchase on public stock markets, to raise cash to fuel additional growth. This growth potential is the most compelling reason as to why you would want to invest in this industry. The fact that Canada and several U.S. States have legalized recreational marijuana has drawn tremendous attention from investors recently, but people have been investing in this space for many years. Legalization simply takes it all to another level. Arcview Market Research and BDS Analytics project that Canadian marijuana sales will jump from around $600 million in 2018 to $5.4 billion by 2022. That's a compound annual growth rate of more than 55%. There is so much opportunity in this sector, not just with smokers, but with new ventures such cannabis-infused drinks (both THC and CBD), edibles (such as gummies and chocolate bars), and so much more.
Germany also legalized medical marijuana in 2017. The country's cannabis market could exceed $1.5 billion by 2022, up from approximately $9 million in 2017. This projected growth makes Germany the fastest-growing marijuana market in the world, even larger than North America in terms of growth. With that said, the United States is still projected to account for around 75% of total cannabis revenue three years from now. I’ve seen projections claiming that the global marijuana market will more than triple from 2018 to the end of 2022. I predict there will be several big winners from this secular growth trend, but the picks you make will be very important. Not every cannabis company will survive. Many will be acquired, and many will simply crash and burn. Let’s dig in and look at my top 5 MJ stocks for the next decade!
If you want to outperform the stock market, you need to focus on secular growth trends and the companies growing within these trends. Outperformance will allow you reinvest your gains into DGI (dividend growth) stocks to accelerate your early retirement. If you are following the F.I.R.E.D. Up Wealth movement (FIRED UP), this is the next step...Phase II, after you have done your homework and educated yourself on the stock market…now it's time for individual stock picks that will help you outperform the market!
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