Investing in the cannabis industry early on can be a great way to set yourself up for some long-term gains. Buying shares of a newly listed marijuana company can be risky but doing so will give you an opportunity to amplify your potential returns. With market caps all over $1 billion, Ascend Wellness, Verano Holdings, and WM Holding (NASDAQ:MAPS) are some of the larger marijuana companies to begin trading on major exchanges this year. Another company Cannabis investors should watch for in the fourth quarter: Leafly. With some impressive forecasts that include revenue potentially tripling within just a few years, this well-known industry brand is likely to be one of the biggest names in the sector to go public before 2021 draws to a close.
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