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Take a look at these five areas for investment opportunities that could be good possibilities in the near future.

Knowing how to invest in a business can be a daunting task. As you may have gleaned from our piece on fast food franchises, not every opportunity is as easy as it may initially seem.

Moreover, in the beginning it can be difficult to figure out what businesses are even worth your time, money, and commitment. Also, to be clear, none of the investment opportunities we’re suggesting here is a guarantee (as there is really no such thing). However, considering some current trends and industries on the rise, these are a few investment areas worth considering for the near future.

Podcast Networks

Within the past few years, podcasts have certainly been on the rise. As a result of their expanding popularity, podcast advertising (where most podcasts get their revenue) is expected to be a billion-dollar industry at some point in the near future.

With many podcasters trying to establish larger audiences, an investment in a podcast network might just be an excellent way to get a slice of the pie. However, it’s important to note that many networks are niche. For example, The Exactly Right Network, founded by My Favorite Murder’s Karen Kilgariff and Georgia Hardstark, mainly consists of true crime podcasts.

Nonetheless, if you find the right opportunity for you, podcast advertising could be a lucrative investment choice.

US Bookie Industry

The budding US online bookie business is expected to grow fairly rapidly. The online gambling industry at large has already been experiencing steady growth, compounded by the rise in mobile access to betting platforms. And with US laws easing up on gambling restrictions, the US-specific industry may be poised for even more profitable expansion.

Whether by helping established betting firms to grow, or launching new businesses altogether, the American market represents a significant investment opportunity.

CBD

The popularity of CBD, a nonpsychoactive cannabinoid, is at an all-time high and could represent an advantageous investment opportunity.

Proponents of CBD claim that it can relieve pain and anxiety without the stigma or cost of some similar products. Popular CBD products include edibles, topicals, beverages, bath salts, and even pet treats.

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Within the next five years, the CBD business is expected by some projections to exceed $20 billion in sales. This would make it one of the fastest-growing industries in its size range.

Moreover, don’t assume all of this is happening outside the mainstream. Even popular retailers American Eagle Outfitters and Green Growth will be launching lines of CBD-infused lotions and aromatherapy this October.

Innovative Theater Chains

In the streaming era, movie theaters have faced a decline in popularity. However, many chains have been focusing on ways to thrive in a world where Netflix reigns supreme.

In addition to focusing more on food and drink options as well as unique, comfortable environments, theaters have found creative ways to offer their customers value.

For example, in March 2019, the Alamo Drafthouse began offering a subscription service that allows customers to watch unlimited movies at their venues for $20 a month. AMC also has a similarly priced subscription called A-List. With A-List, customer can see three movies, including 3D and IMAX, per week.

Some may have second thoughts about considering theater chains with subscription services to be a good investment opportunity. This is especially likely to be the case after the flop of MoviePass. However, the industry seems to have learned from this service’s mistakes.

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Micro-Mobility

Micro-mobility is the latest transportation trend. Electric Scooter and bike-sharing businesses, such as Bird and Lime, have become increasingly popular in big cities, where streets are full of traffic congestion and air pollution.

Micro-mobility is also popular outside of the US, especially in parts of Europe. The industry has had some early issues and continues to refine its focus on safety and regulation. It is also still expanding into smaller towns, and in some cases battling local legislation to stay active. But many still view micro-mobility as the future of urban transportation. This could make it a rewarding investment opportunity.

Consider Your Investment Opportunities Carefully

Again, none of these ideas for investment opportunities are sure things. It’s up to each individual to make investments responsibly according to their own strategic decisions. Furthermore, buying into some of these ideas isn’t necessarily a straightforward process, given that they don’t all have publicly traded stock. However, these are still areas well worth taking a closer look at.