Investopedia
Top Cannabis Stocks for Q3 2023
Investing in cannabis stocks isn’t for everyone, but with the green-leafed drug now fully legalized in 23 states and Washington, D.C., the sector may be ripe for growth opportunities. Despite the industry’s facing ongoing legality, regulation, and banking challenges, the market is forecast to grow to $444.3 billion by 2030 from $57.2 billion in 2023 at a compound annual growth rate (CAGR) of 34%. Investors can track the cannabis sector by following the ETFMG Alternative Harvest ETF (MJ), which comprises a portfolio of leading publicly listed cannabis stocks.