The cannabis business market is growing in leaps and bounds. According to the Cannabis Business Factbook, published by New Frontier and the analytics firm Arcview, the legal marijuana industry grew by more than 30 percent in 2016.

It’s also expected to grow even further this year and beyond. With so much opportunity for businesses interested in getting involved with legal weed, now is a great time to get educated about the cannabis business market in America. We’ll go over a few things you should know about this booming industry and its future potential as an investment opportunity, you can also visit Cannabis Business Resource for more detailed information about this business.


What is the cannabis business market?

Cannabis – the plant species “Cannabis sativa” that produces hemp and marijuana plants, is a flowering plant known by the name of hemp. The plant has a long history of being used for various purposes, dating back to 10,000 B.C. when it was primarily used as a source of fiber.

The primary active chemical in cannabis plants is delta-9-tetrahydrocannabinol (THC), which causes people to get high when they use the plant. Cannabis is the most common illicit drug globally, and according to a World Health Organization report, more than 120 million people consume the drug each year.

In addition, many countries have begun to legalize cannabis for medical or recreational purposes. This increase in legalization has created a growing market for the production and sale of cannabis, creating many new business opportunities for investors.


The Platform Company Business Model

The platform company business model has been used in a variety of industries over the years, from airlines and cruise lines to Internet businesses. The model involves finding a core area of expertise and then expanding into related areas to create a diversified business model.

For example, the business might begin with a blog that offers tips, advice, and other information to help people succeed in a particular industry. Next, the company can use the website to promote its products or services, and it can also partner with other businesses to earn money by providing them with a free marketing tool.

The company can then use the profits from the blog to expand into other areas, such as building an online educational course. The business may also want to consider expanding into the cannabis business market to take advantage of the growing demand for products and services in this industry.


How to invest in the cannabis business market

There are several ways to invest in the cannabis business market. The most common way is to purchase stock in a public company that specializes in cannabis businesses. Many of these companies are listed on Canadian stock exchanges because that is where most cannabis companies have chosen to list their shares.

However, some companies have been listed on U.S. exchanges, and as more states legalize cannabis, that number is likely to grow. Another way to invest in the cannabis business market is by purchasing shares in a cannabis investment fund. Some cannabis investment funds have been established to allow investors to diversify their assets. These companies invest in a variety of cannabis businesses, so they can benefit from the overall growth of the market.


Things to know about investing in cannabis companies

If you choose to invest in cannabis companies, be sure to do your research and select a fund or stock that has a strong track record of success. Be sure that the company has a good management team and a sound business plan, and make sure that it follows all applicable regulations.

In addition, keep in mind that investing in cannabis companies is inherently risky. Because cannabis remains illegal at the federal level in the U.S., businesses in the industry are subject to a lot of uncertainty.

There is always the chance that the rule of law could change at any time. Furthermore, even if you select a company based in a state that has legalized cannabis, be aware that most banks will not work with these businesses. This means that these companies do not have a lot of options when it comes to finding a place to store their cash.


Employee-based opportunities in the cannabis business market

Suppose you prefer not to take the risk of investing your money in the cannabis business market. In that case, you can consider working for a company that is involved in the cannabis industry. Many of the jobs in this industry are entry-level positions, making this an excellent opportunity for people just starting their careers.

Depending on where you live, it may be difficult to find a job in the cannabis industry because employers in this field often fear being arrested. However, there is an abundance of cannabis jobs available online, and the number of opportunities is likely to increase as more states legalize cannabis.


Final Words

The cannabis business market is one of the fastest-growing industries in the world, and it is expected to continue growing in the years to come. As more states legalize cannabis and the federal government rethinks its approach to this drug, more people will seek out cannabis products and services, which will create even more opportunities for investors and entrepreneurs alike.

If you are thinking about getting involved in the cannabis business market, now is the time to get informed and start planning your strategy. This is an industry that is unlikely to slow down any time soon, so you want to make sure that you are part of the action.