1 Common, but Sad, Fact About the Biggest Marijuana ETFs

There’s a very real possibility that the legal marijuana industry will be the greatest growth story of our generation. According to ArcView Market Research and BDS Analytics, the green rush produced $5.4 billion in worldwide legal sales in 2015. But based on estimates from Wall Street investment bank Cowen Group, sales could soar to $75 billion by 2030. Over 15 years, that’s a compound annual growth rate of just over 19%.

Even the green rush has risks

Unfortunately, even the greatest growth stories come with some pretty serious risks and volatility.

Image source: Getty Images.

For example, despite becoming the first industrialized country to give recreational marijuana the green light in October, Canada has been contending with a persistent shortage of dried flower since dispensary doors opened. Regulatory red tape, in the form of a monstrous backlog of cultivation and sales applications with Health Canada, and a shortage of compliant packaging

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