Cannabis trading: The future of online trading for stock market

It is not a very easy topic to talk about, but due to the various references to this type of investment, you must know the ways to take opportunities in the legalized marijuana market. Yes, it is possible to invest in this market without worrying about the police. The use of marijuana for both recreational and, medicinal use is already legalized in some countries. And a lot of people have made money from it through online trading. One of the leading platform is crypto soft. Get your crypto soft app review today to better understand this effective method of trading.

Why this trading medium?

While in some place the medicinal use is still a novelty and, the possibility of being able to invest is still very remote for the small investor, there are countries where this market has been legalized for more than 15 years. There are even companies listed on the Stock Exchange, with stock that you can buy from your armchair without having to smell the product. The illicit drug market moves between $ 426 billion and $ 652 billion a year. Of this amount, between 183 and 287 billion dollars is related to Cannabis. The Cannabis market is in the red after the latest news.

Invest in marijuana

More and more companies involved in the production, testing and, sale of Cannabis products are announcing new investments and partnerships. According to several analysts, this industry is going to triple in size in the coming years. So, it is explained why several stocks have risen sharply in recent days and, may rise further in the coming months. However, you must know about differences. Here are the differences:

Buy stock – You own stock. There are no daily costs and there is no leverage. Ideal for medium or long term.

Trading Stocks – You are trading CFDs (Contracts for Difference). Basically you can negotiate the rise or fall of the action. You can choose a leverage between 2x and 10x. There are daily costs. Ideal for short term.

How to invest in marijuana legally?

You can invest in marijuana by buying stocks from companies that have plant production fields, can invest in pharmaceutical companies that produce Cannabis derivative drugs, or companies that engage in any part of the marijuana industrialization process. The most developed market in this sense is Canada, where there has already been authorization for the medicinal use of the product at federal level since 2001. At present, there is a public and, political debate in Canada to implement legislation that also legalizes recreational use.

In short, Canada and, the United States are the ideal gateway to this market that has the potential to generate billions of dollars as countries release their use. Just as the precursors of bitcoin are reaping the fruits of pioneering, it is possible that something similar occurs in the legalized marijuana market. To learn more about the actions that participate in this market, just read the reviews of crypto soft website in the stock market.