If you’re a cryptocurrency investor, then you no doubt look at alternative investment opportunities. There are plenty of people who are investing in CBD stocks, but what about kratom?
First, What is Kratom?
Kratom is not nearly as well-known as CBD. For this reason, there could be a huge upside to investing in this space. There are kratom start-ups opening up shop every day, such as Grown Selection. There are also kratom distributors that have been around for a long time, and organizations like the American Kratom Association. But, there aren’t any big players in the stock market who are pulling the trigger—yet. But what is kratom, exactly?
Kratom is a tree that grows in Southeast Asia. Also known as Mitragyna speciosa, you can find it in countries like Indonesia, Thailand, Malaysia, Papua New Guinea, and Myanmar. It’s a tropical tree that has been used for medicinal purposes by tribes for centuries, and it’s in the coffee family. People have reported effects ranging from anxiety relief to stimulation similar to what you’d feel after drinking coffee. It also comes in a variety of strains, named for the color of the leaf veins, or the country of origin. These strains have different effects and are therefore in demand for different reasons. Also, kratom is used as a natural alternative to opioid withdrawal medications, and people report varying levels of success.
How Can You Invest in Kratom?
There don’t appear to be any kratom stocks at the moment. There also don’t appear to be any kratom tokens available. Contrast this with the number of CBD and cannabis tokens you can buy. So, if you want to invest in kratom, then consider reaching out to some of the newer kratom distributors online. They may be open to discussions with private investors, especially if they’re new and cash-strapped. Just keep in mind that the regulatory framework around kratom is still unclear. Government agencies have looked into scheduling it as a banned substance, but organizations like AKA have pushed back. It’s a risk, but it could reap great rewards.