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
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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.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Altria Group Inc48.70 USD0.00Rating
Artemis US Smaller Companies I Acc GBP3.72 GBP0.68Rating
Aurora Cannabis Inc8.70 CAD0.00Rating
Aurora Cannabis Inc7.03 USD0.00Rating
Canopy Growth Corp16.52 CAD0.00Rating
Constellation Brands Inc A218.95 USD0.00Rating
Cronos Group Inc6.77 CAD0.00Rating
Curaleaf Holdings Inc10.57 USD0.00Rating
HEXO Corp2.15 CAD0.00
The Scotts Miracle Gro Co A148.35 USD0.00Rating

About Author

Holly Black  is Senior Editor, Morningstar.co.uk