How to Invest in Pot For Pets

Written by Jason Simpkins
Posted December 29, 2017

It’s obvious by now that medical marijuana has experienced a breakthrough.

Former skeptics and critics have turned into true believers, as more than 23,000 studies have confirmed what many already knew: that cannabis has tremendous healing potential.

From Alzheimer’s disease to chronic pain to diabetes, cannabis is now seen widely and rightfully as the cure to many ailments.

As a result, 29 out of 50 states, plus the District of Columbia and the territories of Guam and Puerto Rico have legalized medical marijuana. It’s now a $7 billion market that enjoys 89% of the public’s support.

So it’s only natural that medical marijuana would expand beyond human consumption to veterinary care.

Indeed, animal companions are now benefiting from the same treatments as their human masters.

Specifically, the pet care market has opened up to Cannabidiol, or CBD.

I wrote about CBD just last week. It’s a cannabis compound (a cannabinoid) just like THC, the active ingredient in marijuana. Except it doesn’t make people feel high or stoned. In fact, it can actually counteract the psychoactivity of THC.

Furthermore, CBD oil derived from hemp is legal in all 50 states.

Thousands of people use it to treat pain, inflammation, anxiety, psychosis, seizures, spasms, and other conditions.

And now, their pets can too.

The company Canna-Pet, for example, sells a wide array of cannabis pet products, including capsules, oil, and dog biscuits.


It’s hardly alone.

Lorin Grow, owner of Furry Face, a California pet store, told Pet Product News that industry trade shows are blowing up with CBD products.

“At SuperZoo in 2016, there were only a few booths exhibiting CBD products,” Grow said. “In 2017, it was a flood of new CBD exhibitors. And I expect even more next year.”

Pet Releaf now offers a 10 pack of Pet Releaf vegan capsules with U.S. Department of Agriculture-certified organic full-spectrum hemp oil. And Petabis Organics recently debuted an expansive line of CBD hemp oils, capsules, snacks, and topical salves.

Another pet store owner, Denise Strong, said such products were her best-sellers.

“The driving trend is the fact that pet parents want natural solutions for their pets,” she says. “They’re doing their best to get away from pharmaceutical drugs when they can solve a problem more naturally.”

This is a significant development, as pet care is one of the biggest and fastest-growing industries in the country. It’s grown from a $48 billion market in 2010 to an estimated $69 billion market in 2017, according to the American Pet Products Association.

Here's how that spending breaks down:

  • Food: $29.69 billion
  • Supplies/OTC Medicine: $14.93 billion
  • Veterinary Care: $16.62 billion
  • Live Animal Purchases: $2.01 billion
  • Pet Services, Grooming, and Boarding: $6.11 billion

Heck, Americans spent more than $400 million just on Halloween costumes for their pets this year.

Of course, the problem for investors is that it’s a difficult industry to buy into. The biggest pet retailers in the country — PetSmart and PetCo — are owned by private equity firms.

Still, that doesn’t mean you can’t get in.

As with the human CBD market, you just need to find marijuana companies that also produce CBD oil.

Industry expert and Investment Director of The Marijuana Manifesto Jimmy Mengel has recommended several of these companies through his service.

Two such stocks are up more than 200% since Jimmy recommended them. And a third, his most recent recommendation, will likely be the next “triple-bagger.”

You can find out more about that here.

Better still, we’re offering a year-end discount for the Outsider Club Inner Circle, which gives investors access to ALL of our publications, including The Marijuana Manifesto.

Watch this video about our latest offer or simply call our VIP support desk and ask about Outsider Club Inner Circle membership. You can reach them toll-free at 1-844-539-7664 during normal business hours, East Coast U.S. time, starting on Tuesday, January 2nd.

It’s a limited-time offer though, so act quickly.

Get paid,

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Jason Simpkins

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Jason Simpkins is a ten-year veteran of the financial publishing industry, where he's served as a reporter, analyst, investment strategist and prognosticator. He's written more than 1,000 articles pertaining to personal finance and macroeconomics. Simpkins also served as the chief investment analyst for a trading service that focused exclusively on high-flying energy stocks. For more on Jason, check out his editor's page. 

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