However I do have five companies in mind that are the most talked about, invested and largest in the world according to source: CannabisMarketCap.io.
Here they are in order:
#1: Canopy Growth Corp (CGC)
With the highest market capitalization world-wide at $9.7 billion, this stock listed on the NASDAQ specialises in research and development of cannabis.
#2: The Scotts Miracle-gro (SME)
Listed on the NASDAQ and with a market cap of $6.1 billion this company is focussed on the preservation of the environment. They supply lawn, garden, and outdoor living products and services.
#3: Aurora Cannabis (ABC)
With a market cap at $5.98 billion, you'll find this cannabis producing company on the NASDAQ.
#4: GW Pharmaceuticals Corp
With a market cap of $4.7 billion, you'll find this distribution of their plant-derived cannabinoid medication company also on the NASDAQ.
#5: Cronos Group (CRON)
With a market cap of $4 billion, you'll find this major cannabis distributor and grower listed on the Nasdaq.
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Q. "I am very interested to start investing in the marijuana industry however, I don't want to trade international stocks. Do you know any companies listed on the JSE that invest in or are there any future cannabis opportunities for South Africa?"
A. What was a controversial topic back then with weed and marijuana, whether it was for medical or recreational purposes is now, after the last decade, slowly being accepted and legalised through a lot of countries.
The opportunities to invest in South African cannabis stocks are very few other than Anheuser Busch where you can read all about it here.
However, I am sure this is going to change very soon as the first license has been awarded to the government.
In fact, the largest weed company in the world - Canopy Growth – has holdings already in Lesotho and is looking to expand their operations into South Africa as soon as possible as South Africa has a huge market for weed-related products.
They said it was "strategically positioned for the future medical cannabis economy of Southern Africa … including the potential market of SA".
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and you'll be sure to hear of the breaking news with the cannabis opportunities and opinions.
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