The cannabis industry is expected to reach $50 billion in size by 2026, according to Cowen & Co., making it one of the fastest growing industries in the world. Not surprisingly, cannabis stocks have handily outperformed the market with the Marijuana Index more than doubling over the past year compared to just 24% for the S&P 500 index. Investors have taken a growing interest in the industry as legalization has spread across North America.
In this article, we will look at three subsets of the cannabis industry that investors may want to consider for the best risk-adjusted returns.
Article by: Kelly Weimar on Civilized.