The Best Cannabis Company to Invest In
Opportunity
14th April 2020

The Best Cannabis Company to Invest In

Elijah Farley
Cannabis plant is also known as marijuana and is used for medical or recreational purposes. The cannabis market is a fast-growing yet quick-changing market that has great potential. According to a data released by Statista, the world’s spending for cannabis was on $24 billion, in 2019, and is projected to increase to about $63 billion by 2024. This is one of the reasons why the cannabis stock market is viewed as one with great potential. To invest in this market, you have to understand the mode of operation.

You need to understand the types of cannabis products as well as the best-selling ones. Also, you need to know the risks associated with investing in cannabis as well as how to stay on top your game and also prepare for positive or negative eventualities. It is also important that you know the different types of cannabis stocks and the best ones to invest in. Based on market demand and legality, the cannabis used for medical purposes is the best-selling type of cannabis. This is arguable, though, since the cannabis used for recreational purposes is highly popular due to its functionality in getting people “high.” Although highly popular, its illegality puts it at a disadvantageous point for investors.

Diverse companies are competing to be

The medical marijuana is now legal in about 33 United States of America states. In addition, it has been legalized in over 30 countries of the world. Of the diverse stock markets, the Cannabis growers and retailers market seem to be the best to invest in. The companies and farms under this category cultivate, harvest and distribute the cannabis to the customers. This stock group is the largest and the income screams to that effect.

Diverse companies are competing to be the top Cannabis company for investment. This all depends on how poised the cannabis companies are towards tactical steps and practical methods. At the moment, Canada-based company Aphria Inc seems to be holding the top spot for investment. Ever since it was founded in 2014, Aphria has remained part of the top 5 companies group so it pulls in large revenue yearly. The company acquired CC Pharma in 2019, and this projected it to the top in Europe’s medical cannabis market. Reason is that CC Pharma is a leading distributor of European Union Pharmaceutical products, particularly in the German market which is quite huge.

Today, Aphria is one of the

Even with the general low turnover for the cannabis market, Aphria still managed to remain on top, gaining considerable lead in the same year. Also, Aphria has been able to leverage on its big distribution market in the US. The legalization of medical cannabis in 33 USA states was to its advantage. With this, Aphria spread its tentacles wide and began massive production and distribution in the U.S.

Today, Aphria is one of the top producers and distributors of cannabis in the world. It has three licensed production facilities and a massive production capacity of at least 225,000 kg annually.

The Best Cannabis Company to Invest In

Like other cannabis producers, Aphria’s profit number did not hit the profit target in 2019 – early 2020 but their figures were still good given the general economic situation. The Coronavirus pandemic (2020) has already and still hitting the general stock markets but Aphria already has a rebound plan. Aphria has $345 million in cash and investments to help it bounce back after the devastating wave of Covid-19 has passed. With this, Aphria’s gross margin and profits should improve to a quite large extent.

During the first two months of 2020, Aphria’s shares lost 20.7%. As a potential investor, this should not hinder your interest in investing with them. Rather, it should encourage you because now is a great time to invest with them and patiently wait for your stunning yield. Why? Aphria is always great at bouncing back in a bigger and better way.

There are some other top cannabis companies you could invest in for good yields. You could invest in Canopy Growth Corporation, which was the world largest cannabis company as at April 2019. Although, their stock price dropped by 32% during the last quarter of 2019. Also, the coronavirus pandemic has had a quite devastating impact on them. Notwithstanding, with cash and investments worth about over $1 billion, they are bound to bounce back after the storm.

Also, you could invest in Aurora which was for long the top player just behind Canopy Growth Corporation. Doing that might be risky, though, the reason is that Aurora experienced very low gross margins in the year 2019. It is even worse now due to the coronavirus pandemic. Also, investors are expressing concerns over the low profit balance sheet and liquidity of the company. Aurora still has the potential to rise again after the wave of the pandemic must have passed. Why? Aurora has about $470 million in cash and investments to help it get through the storm.

The global demand for cannabis, particularly medical cannabis will continue to increase so now is the time to take the giant leap and invest in the cannabis market. Times might not always be good, but you would definitely get profit at the end if you invest in the right cannabis company.

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