Today, markets are dependent on trade wars as well as political intrigue. According to Matt Badiali, Real Wealth Strategist and Banyan Hill editor, believes that Marijuana is a sector that is soaring. If investors takes advantage of the Marijuana opportunities, it can make them a lot of money.
Many states have legalized marijuana including California and Nevada. Additionally, Canada legalized the use of Cannabis this year. According to Matt Badiali, this has opened up the cannabis market. Furthermore, the industry has been pushed into the limelight this year.
Marijuana-infused beer by Two Roots Company is a game changer. Given the amount of people who drink beer in the US, Matt Badiali says that the marijuana-infused beer is going to boost beer sales. The number of consumers of beer dropped significantly and now, the industry needs boost.
This has caught attention of investors and companies. In line with that, Constellation Brands and Corona beer maker have invested in a Marijuana company. Matt Badiali, investment expert, believes that other companies will follow suit and the sector is bound to explode.
The sector has a great potential in the natural resources today. The recreational use of marijuana being legalized in Canada is a start and investors should take advantage of the opportunity to make potentially high profits.
In the US, medical marijuana is the sector that is growing rapidly. The number of patients who use medical marijuana has doubled in Florida in just 5 months. The general medical marijuana use grew at the rate of 8% p.m. over one year in New York. This is according to Badiali’s statistics.
He says that medical practitioners use different strains and compounds such as THC and CBD to treat different conditions. THC stimulates the user, makes him or her feel good and sometimes, it stimulates hunger. The hunger stimulation is beneficial to people with multiple sclerosis as well as the ones receiving chemotherapy. On the other hand, CBD is used by patients looking to relief themselves from pain or inflammation.
Matt Badiali recommends medical marijuana to investors as an investment opportunity. Generally, he holds the view that, the marijuana sector offers many investment opportunities in many fields including medicine, technology and recreation.