With the gradual legalization of medical marijuana all over the world, Aurora Cannabis has come to be a major stock to invest in. It is not difficult now to find a cannabis dispensary in perris that uses marijuana to treat various health conditions. The Canadian pot producer has been benefitting from the sudden boom in the cannabis industry. As a result, investors are reaping huge profits from Aurora Cannabis and the returns are only expected to grow more in coming years.
Medical benefits of cannabis:
Different cannabinoids found in cannabis can be used to treat Alzheimer’s disease, multiple sclerosis, schizophrenia, muscle spasms, digestive disorders. They can even slow down tumor growth in cancer.
What makes Aurora Cannabis a profitable investment?
The size of global medicinal marijuana market will only grow in future. It is expected to grow to $75 billion by 2030. The Bank of America predicts the global cannabis market growth to about $166 billion in the coming years. In such a scenario, Aurora has a major global footprint with its presence in 23 countries across five continents. The Canadian producer of cannabis is also at its peak production potential at the moment which makes it easier for them to export a lot of its produce.
Aurora has very few rivals when it comes to its giant production of cannabis. It is the largest marijuana producer and will enjoy several benefits over its smaller scale rivals. It can even reach a position to acquire some of the smaller producers of cannabis at a time when supply finally catches up with the demand. The consolidation will make Aurora’s position even stronger. Moreover being a large-scale producer of medical marijuana, Aurora is unlikely to be acquired by any other company. Thus if you are looking to invest in the marijuana industry at all, Aurora is the best and safest bet you have.