Investing In The CBD Industry — How Can Average People Profit From The Booming Hemp Sector? – Medical Marijuana Program Connection

It’s no secret that the hemp CBD market has skyrocketed since 2018. Shortly after the US federal government gave states the “green light” to produce, sell, and manufacture hemp, there was a massive spike in demand for CBD. Recent estimates suggest the global CBD oil market cap grew to $5.18 billion in 2021, and it’s expected to continue experiencing ~ 16 percent growth each year.

Considering the prominence of the CBD market, it makes sense that many people are interested in investing in this industry. Indeed, after people experience CBD oil’s benefits for themselves, they often seek out ways to support this growing sector.

Even if you’re not involved in the CBD industry, there are ways you could gain exposure to this market. Remember that the info below is for entertainment purposes and isn’t intended as financial advice. Please speak with a certified financial advisor before making any investment decisions.

Consider Cannabis-Related Stocks and ETFs

Arguably, the easiest way to gain exposure to the CBD market is to take a peek at publicly-traded companies on the stock market. Now that CBD is legal in the USA, plenty of businesses are raising funds by going IPO. No matter what trading site you use, it shouldn’t be hard to find dozens of tickers in the cannabis and CBD industries.

If you don’t feel comfortable picking individual stocks, you could also look into cannabis-related ETFs. Since ETFs hold an assortment of companies in any given sector, they…