STZ - 3 Ways to Collect a Dividend With Marijuana Stocks
Until somewhat recently, there wasn't a hotter industry on the planet than marijuana. With tens of billions of dollars in sales being conducted annually in the black market, it seemed only logical that Canada legalizing adult-use weed and more U.S. states waving the green flag on cannabis would lead to exceptional legal-channel sales growth.
But as is the case with all "next big thing" investments, the pot industry has hit some stumbling blocks. Canada has contended with regulatory-based supply and overcapacity issues, while the U.S. market has been plagued by high tax rates on legal product and minimal access to traditional forms of financing.
There's little question that the cannabis industry is going to deliver big-time returns in the years to come. However, it's going to require patience on the part of investors. To this I say, "Why not get paid while you wait?"