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Marijuana stocks saw a good rise in May. Higher demand amid the COVID-19 pandemic led to increasing sales. Many cannabis companies reported good quarterly numbers last month—a recovery in the sector. Cannabis 2.0 products continue to launch, which could be the turnaround factor. The Horizons Marijuana Life Sciences ETF, which tracks the North American cannabis industry, rose 20%, while the SPDR S&P 500 ETF rose 7.6% in May. Let’s take a look at how the marijuana sector performed last month and what you can expect in June.

Marijuana is a high-growth industry. However, there are a few things you should know before investing in the green rush.

For years, there wasn't a hotter investment on Wall Street than cannabis stocks. Investors with the wherewithal and stomach to have invested in some of the most prominent pot stocks in 2016 or 2017 found themselves up, in some cases, by quadruple digits during the first quarter of 2019. In fact, more than a dozen pot stocks rocketed higher by at least 70% in Q1 2019.

A number of multistate marijuana operators are struggling, unloading assets, cutting jobs and overhead costs as well as scrapping expansion plans amid a looming recession and a shortage of investor funding.

But other MSOs are doing well financially: Cresco Labs, Curaleaf, Green Thumb Industries and Trulieve, among others.

Tilray Inc., Acreage Holdings Inc., and Sunniva Inc. had the highest-paid executives and directors among cannabis companies, according to a new survey by Bedford Consulting Group.

The report examined the compensation of 437 executives and 449 board members at 96 pot firms. The data was collected in October, when the average cannabis share price was about one-third higher than it is today.

Hemp businesses are unlikely to receive coronavirus assistance from the USDA as the sector hasn’t suffered a 5% decline in prices.

Oklahoma's medical marijuana industry continues to break sales records.

Dispensaries remitted nearly $5.1 million via the state's 7% tax on cannabis, meaning customers spent approximately $73.8 million on medical marijuana in April, according to data released by state tax officials..

It's the fourth month in a row sales increased compared with the previous month, a trend that highlights a growing demand for the product more than a year after dispensaries first opened their doors.

As more and more states begin to legalize marijuana while its medicinal benefits are being more widely used, the cannabis industry has become a hotbed of investment opportunities. Here are four things that you need to know if you are considering investing in the cannabis industry.

Legislators passed a bill on Sunday that authorizes the recommendation of medical marijuana for additional conditions and allows any state-licensed physician to recommend medical marijuana.

The bill, HB 819 by Rep. Larry Bagley R-Stonewall, went before a House concurrence on Sunday where it passed 74 - 16. The amendments from the Senate were also concurred in.

Senate President Page Cortez then signed the bill, which now heads to Gov. John Bel Edwards to be signed into law.