These Cannabis Stocks Could Soon Make the Move to a Major Exchange
Cannabis has become the biggest story of the decade.
Not only did Canada approve its use in 2018, the U.S. government has become aggressive in its attempt to legalize its use. Corporate America has just begun to jump on the bandwagon. The best part – support for cannabis legalization is exploding. But there's a bigger catalyst some investors are overlooking.
This is the Cannabis Industry’s Biggest Catalyst for Long-Term Growth
After generating a bit more than $3 billion in worldwide sales in 2014, the global cannabis industry nearly hit $11 billion in sales last year. By 2024, Arcview Market Research and BDS Analytics foresees worldwide sales surpassing $55 billion.
The Biggest Catalysts for a $500 Billion Cannabis Market
Controversial or not, the cannabis story has become the hottest story of 2019. In fact, it’s already created sizable wealth for smart in investors. And that’s not likely to change any time soon. We’ve already seen countless catalyst for cannabis stocks.
Arizona Tea Maker Just Entered the CBD Market this Week
CBD has gone mainstream. In fact, as CBD products make their way onto the shelves of Vitamin Shoppe, Kroger, CVS and Walgreens, analysts believe the trend could be a significant catalyst. The best part -- consumer spending on cannabis-based food and drink products could reach $4.1 billion from just $1 billion in 2017.
Booming Demand for CBD Creating a $25 Billion Market Opportunity
CBD has quickly become one of the most industry-disruptive forces. Multi-billion-dollar industries are already being uprooted by cannabis, including beverages, pharmaceuticals, tobacco, and the health and wellness industry, as the cultural renaissance just gets underway.
Three of the Most Powerful Cannabis Catalysts of 2019
Cannabis is quickly emerging as the hottest investment story of the year. The best part -- there are no clear signs that’ll change – at least, not any time soon. Not only did Canada recently legalize cannabis use, many more U.S. states are approving it, too.
A Huge Mine, Backed By A Half-Billion Dollars In Post-IPO Funding, Was Set To Go – Then Putin’s Army Rattled Its Sword
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Incredible Facts about the Cannabis Market Investors Can't Overlook
It’s no secret the cannabis market is booming globally. And the industry shows no signs of slowing.
The Marijuana Business Factbook estimates the industry could be worth $77 billion by 2022.
By 2025, Cowen & Co. analysts believe CBD use will grow to 10% of Americans, which implies a potential $16 billion market opportunity. Along the way, retailers have been quick to wake up to that very opportunity.