Cannabis Boom Tempts Investors

Morningstar predicts that legal cannabis sales could grow nearly nine times by 2030 to $43 billion, and there are plenty of ways investors can tap into this growth  

Holly Black 9 July, 2019 | 12:14AM

Cannabis leaves

Check out Morningstar Canada's Cannabis Week Special Report

The legalisation of Cannabis in some parts of the US and in Canada presents a compelling investment opportunity for international investors, some experts believe.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Allianz Global Agricultural Trds RT GBP92.07 GBP0.02
Altria Group Inc37.41 USD0.00
Artemis US Smaller Companies I Acc GBP1.92 GBP-0.66
Aurora Cannabis Inc1.13 CAD0.00
Aurora Cannabis Inc0.81 USD0.00
Canopy Growth Corp18.73 CAD0.00
Constellation Brands Inc A132.17 USD0.00
Cronos Group Inc7.84 CAD0.00
Curaleaf Holdings Inc3.62 USD0.00
HEXO Corp0.94 CAD0.00
The Scotts Miracle Gro Co A100.07 USD0.00
Tilray Inc5.54 USD0.00

About Author

Holly Black  is Senior Editor, Morningstar.co.uk

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