Valuation and Investment OpportunitiesAnother way to determine the best cannabis stocks in 2024 is to assess the current and future cannabis market valuation. In the U.S., decriminalizing cannabis at the federal level could be what would cause a shift in demand for cannabis stocks. Aside from market trends, investors should also watch for events that positively impact the marijuana industry. The cannabis industry trends are determined by supply and demand. The cannabis market has been projected to reach a revenue of $60.79 in 2024.
The cannabis market has been projected to reach a revenue of $60.79 in 2024. Even with this projection, work needs to be done in the marijuana investment space, particularly in the area regulations. In the upcoming year, market analysts predict new trends that will positively affect the sector.
These are the main cannabis stock trends that investors should be aware of in 2024.
Legal Landscape and Market Expansion
The legal situation in the United States is a significant factor that is set to shape the cannabis market and affect the performance of pot stocks. This year, there are indications that the legal framework...
Read the full article @ Marijuana Index