You are using an older browser version. Please use a supported version for the best MSN experience.

13 stats about the growing cannabis industry any investor should know

The Motley Fool Logo By Sean Williams of The Motley Fool | Slide 1 of 15: Right now, there’s simply not an investment opportunity with more buzz or potential than the rise of legal marijuana.   Having spent decades in the shadows, the recreational legalization of cannabis in Canada has brought the green rush into the spotlight and confirmed that the pot industry is here to stay over the long haul. Since 2016, some of the largest and most popular marijuana stocks have delivered gains upwards of 2,000%, 3,000%, and even north of 7,000%. And the scary thing is, this industry, and pot stocks in general, look to just be getting started.   But investing in the budding cannabis industry requires a keen understanding of where opportunity lies, and how large that opportunity could ultimately be. With that being said, here are 13 stats that investors should fully be aware of that demonstrate the promise, peril, and potential of the cannabis industry. 

Wall Street is seeing green

Right now, there’s simply not an investment opportunity with more buzz or potential than the rise of legal marijuana.

Having spent decades in the shadows, the recreational legalization of cannabis in Canada has brought the green rush into the spotlight and confirmed that the pot industry is here to stay over the long haul. Since 2016, some of the largest and most popular marijuana stocks have delivered gains upwards of 2,000%, 3,000%, and even north of 7,000%. And the scary thing is, this industry, and pot stocks in general, look to just be getting started.

But investing in the budding cannabis industry requires a keen understanding of where opportunity lies, and how large that opportunity could ultimately be. With that being said, here are 13 stats that investors should fully be aware of that demonstrate the promise, peril, and potential of the cannabis industry. Click ahead to see them.

© Getty Images

More from The Motley Fool

The Motley Fool
The Motley Fool
image beaconimage beaconimage beacon