Are cannabis stocks the new cryptos of the market? | FT Partner Content
Are cannabis stocks the new cryptos of the market? | FT Partner Content
The global legal marijuana market is estimated to be worth around $20bn. And as more countries decriminalise cannabis for medical and recreational use, it’s predicted to double in size by 2021. From companies growing the herb to distributing to cannabis products, this budding industry is presenting new opportunities for traders.
In 2018, both NYSE and Nasdaq accepted cannabis stock listings for the first time in history. In this video we discuss 8 stocks CMC Markets OPTO magazine has identified as potential movers. And ask what lessons can be learnt from the crypto market, if the marijuana market hits similar regulatory and legal roadblocks?