Cannabis stocks have garnered significant attention in recent years. This comes as more and more countries and states legalize marijuana for recreational and medicinal purposes. According to a report by Grand View Research, the global legal marijuana market size was valued at USD 13.2 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 25.5% from 2022 to 2030.
This trend has led to a surge in the number of cannabis-based companies listed on stock exchanges. Which in turn has attracted a large number of investors looking to capitalize on this burgeoning industry.
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