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3 Great Ways to Profit From the Cannabis Boom Without Actually Buying Pot Stocks


You've no doubt heard that the global cannabis market is poised to skyrocket. Thirty-three U.S. states have legalized medical cannabis, along with over 40 countries. Canada's recreational cannabis market is picking up momentum, while 11 U.S. states have legalized recreational pot, with more potentially on the way. Some observers predict an annual global cannabis market of $150 billion or more.

But some investors remain uneasy about putting their money into cannabis stocks. If you fit into this category, there are alternatives you might want to consider. Three great ways that you can profit from the cannabis boom without actually buying pot stocks are to instead buy shares of Constellation Brands (NYSE: STZ), Shopify (NYSE: SHOP), or Square (NYSE: SQ).

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Source Fool.com

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