Investor Matt Badiali Gives His Take On The Future Of The Marijuana Sector Over The Next Year

Recently, Oklahoma announced that they will allow state residents to use cannabis in a limited capacity. Soon after, Canada announced that they will legalize marijuana use this fall.

These two announcements have investors intrigued about the future. Investing expert Matt Badiali notes that marijuana sales grossed billions of dollars in The United States last year, and he expects the marijuana industry to continue to flourish.

The Canadian Marijuana Sector

Matt Badiali points out that other traders and investors believe that Canada will gross substantial profits through legalizing Marijuana. Matt Badiali says that Americans are unable to invest in Canadian stocks. Badiali points out that many gold mining companies are altering their business model to take advantage of the high demand for marijuana. Companies have seen the value of their shares increase over the last few months as they emphasized marijuana.

Before companies go all in, Badiali notes that there are also a large number of companies that failed to make an impact as they switched over to the marijuana sector. Badiali believes that more alcohol and tobacco companies will be engaged once marijuana is legalized. Prices should start to decrease.

Matt Badiali’s Advice

Badiali wants investors to look at ETF’s that are in the marijuana sector. He believes that the entire industry will see benefits once Canada legalizes marijuana. Badiali recommends that investors take a look at Advisor Shares Vice ETF and ETFMG Alternative Harvest. It’s important that investors do their research before making any decisions.

Badiali will be keeping an eye on the black market. Because its easier and cheaper for people to get marijuana through the black market, that might impact the sales of legal recreational marijuana. Badiali also has his eye on California, as there is a large supply of marijuana coming through the Southern Border.

About Matt Badiali

Matt Badiali’s career has taken him all over the World. He is known for his detailed research methods. Badiali is committed to helping people invest in the right natural resources.

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