Exclusively for CNBC Pro subscribers: A guide to making smart bets in this new market.
The majority of U.S. states now allow some form of cannabis sales and while investors may be tempted by the growth potential of these new markets, the industry remains nascent, making its risks worth considering. This week, New Jersey took the final step to allow cannabis sales to adults, opening a new market on Thursday. Vermont will open its retail stores on May 1. With these additions, Bank of America projects about a third of the U.S. population lives in a state that allows cannabis sales to those over 21 years of age. Subscribe to CNBC Pro to see how you can invest in the U.S. cannabis industry as it remains illegal under federal law. This and so much more, exclusively for CNBC Pro subscribers. | | | Here are more of today's top stories, exclusive for CNBC Pro subscribers! Here are Wednesday's biggest analyst calls of the day: Netflix, Nvidia, Apple, Amazon, Costco & more WED, APRIL 20 2022 These are the stocks to own if a recession hits, Citi says WED, APRIL 20 2022 A brutal bond market sell-off wreaks havoc on one of fixed income's most popular ETFs TUE, APRIL 19 2022 Here's how investors can make money in 2022, according to one asset manager WED, APRIL 20 2022 Here's what the analyst who predicted Netflix's struggles says is next for the stock WED, APRIL 20 2022 These investors could face big losses on Netflix's massive sell-off WED, APRIL 20 2022 | | | |