Make money from weed legally!
Legalisation of Cannabis for medical purposes has led to a rise in companies which are looking to develop, manufacture and distribute cannabis based medicinal products globally.As these companies grow, they need investors, and this is where the opportunity to make money from weed legally lies.
I should say however that this in no way constitutes financial advice. Share prices go up as well as down, you could lose it all. Please do your own research before deciding on getting involved.
To learn more about shares, and investing in general, then you should check out the Motley Fool website >Here<. They are a great resource for beginners and more experienced investors as well.
That being said, here are some up and coming companies in the UK cannabis market.
Kanabo (£KNB)
Kanabo was founded in 2016 by Avihu Tamir, an Israeli businessman who had previously worked with cannabis medical patients. Israel itself was quite a forward-thinking country with regards to the use of medical cannabis. As a result became a leader in cannabis medical and scientific research.
One of the things Mr Tamir set out to solve was the lack of medical vaporizers for cannabis. These allow the patient to consume cannabis in a less harmful way than smoking. As well as allowing for more controlled dosing of the cannabis.
Since its inception Kanabo has conducted extensive research in order to develop high quality cannabis extract formulas, innovative medical-grade vaporizers, and various non-smoking consumption solutions. Making use easy and accessible for anyone in need of treatment.
Clinical and validation activities, including safety and efficiency tests, are conducted in Israel – an established leader in the Cannabis industry.
The company is selling products in Europe already and is ready to scale up to meet market demands and projected sales and revenues.
Cellular Goods (£CBX)
Cellular Goods is a wellness company which makes skincare products containing cannabinoids.
They focus heavily on scientific research proving the effectiveness of their products, and ensuring that their supply chain is sustainable, and their products are priced affordably.
The past few years have seen massive growth and awareness of the importance of wellness and self-care, with sales of CBD products in the UK having approximately doubled over the last two years. Through Cellular Goods, consumers will finally have access to a reliable and trustworthy brand which can meet the rapidly expanding demand for tested and effective cannabinoid products.
MGC Pharmaceuticals (£MXC)
MGC Pharmaceuticals is a European based company specialising in the development and production of plant inspired medicines.
They are investigating using cannabis derivatives to create medicines for epilepsy, dementia, covid-19, cancer and Crohn’s disease. Traditional medicines which have side effects which can be almost as bad as the illness they are treating. The medicines MGC Pharmaceuticals are developing are gentler and kinder but still effective.
MGC Pharmaceuticals has worked closely with the Royal Melbourne Insititute of Technology, and the Slovenian National Institute of Biology. They all pride themselves on bringing together the most qualified, passionate experts in the pharmaceutical industry to produce medical products that can treat a variety of diseases and medical conditions.
How things could change
The legalisation and regulation of recreational cannabis would cause huge growth. Not to mention causing any and every cannabis related market to expand drastically. When it happens, it will be worthwhile to keep an eye open for new startups. These share price could sky-rocket in a short amount of time.
Even without legalisation, there is plenty of space for all of these companies to expand and increase the price of their shares.
Increases in share prices are not the only way that investing can boost your wealth. Although none of these companies currently pay a dividend, that’s not to say that they won’t in the future when they become more established.
Conclusion
In conclusion, the cannabis industry presents many opportunities for investors to make money legally. The companies listed above are just a few examples of potential investment options. As the industry continues to grow, it’s essential to stay informed and be mindful of the risks involved in any investment. By doing so, you may find success in this emerging industry.