The marijuana industry is growing at a rapid pace. Here are some of the best assets that savvy-investors can embrace in Q4 2022 and beyond.
As the marijuana industry continues to grow at a rate of 25.5% per year, savvy investors around the world are now looking to join the party. Whether you’re a cannabis consumer or not, the opportunity to yield positive ROIs cannot be ignored – especially when dealing with BudBlockz and other top cannabis cryptos and stocks.
The crypto and cannabis industries are a match made in heaven as the former can solve many of the issues currently experienced by marijuana farms, dispensaries and consumers. As companies adopt crypto, their stocks should thrive too. However, marijuana businesses aren’t the only potential beneficiaries. Here are the best stocks and cryptos that can boost your portfolio in style.
While its $BLUNT token is still yet to hit the market, many experts state that it could be one of the hottest assets to own over the coming months. It’s not hard to see why given the success that the BudBlockz community is already enjoying.
BudBlockz the world’s first asset-backed platform built specifically to facilitate the purchase, sale, and trading of NFTs relating to marijuana products, farms, and dispensaries. Founder Luke S., a former backend developer, started work on the concept after speaking to a dispensary-owner friend about the banking problems faced in the industry. Its ability to support businesses and consumers with transactions, along with the excitement of fractional NFTs and eCommerce elements, has resulted in significant interest.
Interestingly, the company is set to open several dispensaries, which will also see the company transcend the US markets to target global markets. This positions the BudBlockz ecosystem as one of the most exciting developments in the marijuana sector.
The $BLUNT token has now begun it’s a private sale, which will allow early investors to secure tokens for an introductory price of $0.015. Once the private sale has concluded the presale will begin with token prices starting at $0.021, giving private sale investors a 40% increase in value. With 420,000,000 tokens set to circulate, investors will want to capitalize on these low-price, low-risk digital assets before the opportunity passes.
OrganiGram Holdings Inc. (OGI)
Initially launched as a medicinal marijuana specialist in 2010, OrganiGram has since expanded into the recreational use market. This has resulted in a 23% sales growth in Q1 while the company is expected to reach positive earnings before interest, taxes, depreciation and amortization, or EBITDA in Q3.
Like many stocks, OGI has suffered a fall in 2022 due largely to outside global financial issues. However, with 2022 developing into a massive year for the company, it could be the perfect time for investors to strike. Trading at around $1.15, there is a realistic possibility of it climbing back to above $2.50 – where it was around one year ago – over the next few months, especially as the legalization of recreational marijuana continues to reach new jurisdictions.
Cresco Labs Inc. (CRLBF)
Cresco Labs is another multistate operator (MSO) that has established itself as a major force in the growing marijuana industry. Operating in a total of 17 U.S. states, CRLBF is the market leader in Illinois, Pennsylvania, Colorado, and Virginia.
Back in March, the MSO confirmed a $2bn buyout of Columbia Care Inc., which has seen forecasts of significant growth at the end of 2022 and into 2023. CRLBF stocks hit a 12-month low of around $2.42 but now trade at around $1 more than this figure. However, it is still a long way short of the $11.15 year-high, which underlines the room for growth. As another low-risk asset that could shoot to the moon, it is a portfolio addition that will be considered by investors of all levels.
To purchase BLUNT tokens
Step 1: Visit the official BudBlockz website https://budblockz.io
Step 2: Click the “sign up” button at the top of the page
Step 3: Create a Budblockz account. Ensure you use a valid email address.
Step 4: From your client dashboard, click the “buy $BLUNT” button
Step 5: set the amount you want to purchase and the currency you want to order in
Step 6: Make the payment to the provided wallet address
Step 7: Receive your tokens!
For more information or to purchase BudBlockz (BLUNT) tokens visit https://budblockz.io
Join the BudBlockz Discord, Telegram, Twitter or Instagram: https://linktr.ee/budblockz