By Steven M | Marijuanastocks.com

There’s no denying that marijuana is one of the fastest growing industries throughout the U.S. and Canada. Companies are thriving within this marketplace regardless of the federal regulations and the fight against mass legalization. Guess what, a good majority of these companies are publicly traded, meaning people can invest in them. The businesses in the marijuana industry range from, management software for dispensaries or biotech companies to businesses that sell CBD products and hemp-based edibles.

In fact, according to Forbes, the cannabidiol (CBD) market is anticipated to grow by an impressive 700% by 2020. A recent report by Hemp Business Journal estimates that the CBD market will advance to $2.1B by 2020.

One big catalyst why CBD’s products are a hot product for marijuana companies, is that CBD comes from hemp, and hemp is legal to import and purchase in all 50 states across the United States with no federal restrictions. This has opened up a window of opportunity for companies that are operating within the marijuana industry to be able to capitalize on this rapidly growing market.

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