The Marajuana Market Is Expanding, Here's How You Can Get Involved

Marajuana legalization is spreading quickly across the US, creating a massive investment opportunity for those who are willing to bet the trend will continue. For the first time in years, an entirely new market has opened up in the US and many say now is the time to jump on board to reap the rewards.

Big Name Buys

While most growers and retailers are not yet big enough to be traded on major exchanges, investors who want to dip their toe in the marajuana pool may want to begin with a large company that has several other interests besides just pot.

GW Pharma GWPH is perhaps the most popular go-to stock for investors looking to include pot in their portfolios. The company uses the chemical compounds found in marajuana to develop new treatment plans for unmet medical needs. 

Another similar company is Insys Therapeutics INSY. The company has already put several products out on the market and is well known for Marinol, a drug that helps reduce vomiting in chemotherapy patients.

Growers

For investors who are interested in taking an even bigger plunge into the marajuana market, growers are a great place to start. With several states having already begun the process of legalizing the recreational sale of marajuana, growers have been expanding rapidly in preparation for a flood of demand. 

TerraTech Corp is both a retailer and a grower and has some big plans for the upcoming year. The company is looking to collaborate with a vaporizer firm to create vapor pens designed for pot and also recently invested in creating a research facility that will service the medical marajuana market.

Abattis Bioceuticals Corp is a Canadian company that provides growers with the equipment needed to efficiently grow marajuana. Last year Abattis acquired new fertilizer formulas and a new testing lab after raising $3 million from investors.