In the next seven years, the cannabis market is expected to hit $73.6 billion.
It wasn’t long ago that the idea of this was practically unfathomable. Medical use of cannabis wasn’t legal until 1996 – and even then, it was only in California. Recreational use was illegal in all 50 states less than 10 years ago.
Now, everything has changed.
33 U.S. states have created medical cannabis programs, and 12 now allow recreational use. In Canada, the drug is legal in all forms and uses.
The demand is obvious. After alcohol, it’s the most commonly used psychotropic drug in the U.S. And as restrictions continue to relax, the market is expected to grow… rapidly.
According to American data firm Nielsen, U.S. legal cannabis sales are set to more than quintuple from the $8 billion recorded in 2018 to an estimated $41 billion by 2025.
And as it goes global, the industry is expected to be worth $1 trillion.
With that kind of capital on the line, the profit potential here is absolutely stunning. That’s why the National Institute for Cannabis Investors teamed up with a very special guest to deliver you three need-to-know considerations before you touch a single cannabis stock. You can learn all about them right here.
Before long, cannabis stocks could be too expensive to jump into – meaning now is your chance.
“Buy low, sell high.” It’s the oldest rule in the book. And over the past year, cannabis stocks are down 40%… presenting the opportunity of a lifetime.
Here’s how to get in on the green rush now. But hurry – this major discount won’t last long…
Three Reasons to Get in on the Cannabis Market Today
Over the past 12 months, the ETFMG Alternative Harvest ETF (MJ) has dropped 40%. This exchange-traded fund (ETF) contains top marijuana companies like Canopy Growth Corp. (NYSE: CGC), Cronos Group Inc. (NASDAQ: CRON), and Aurora Cannabis Inc. (NYSE: ACB).
But the drop in price doesn’t mean the legal marijuana industry is a bust. It simply means it has even more room to grow. With top marijuana stocks at bargain basement prices and the marijuana market expected to explode over the next five years, now is the time to jump into the anticipated “green rush.”
And if that’s not enough, then here are three more reasons why:
- U.S. Demand Is Increasing
According to Pew Research, 62% of Americans believe marijuana should be legalized. That’s double what it was in 2000. Other polls reveal that 90% of Americans support the legalization of medicinal marijuana.
33 states have legalized medicinal marijuana, and 11 states plus Washington, D.C. have legalized recreational marijuana.
Older Americans are the fastest-growing segment of cannabis users. The percentage of 50-64 year-olds using cannabis has doubled in the past decade, and the number of those 65 and older consuming cannabis products has increased seven times over the same period.
- Legal Landscape Is Improving
Cannabis is currently classified as a Schedule 1 drug. But that won’t last long…
According to reporting website Marijuana Moment, there are 975 cannabis-related bills moving through state and federal governments. Back in November 2019, the House committee approved a bill legalizing marijuana at the federal level.
Although it must be passed by the Senate, this is a huge development and indication of a softening federal stance on holding marijuana as an illegal Schedule 1 drug. Once marijuana becomes fully legal, larger U.S. companies sitting on the sidelines will likely join the party.
But you’re going to want to jump on these trends before federal legalization – because once the institutional money starts pouring in, the prices could shoot through the roof. Find out how you can start capitalizing from this market almost immediately right here.
- The Number of Medicinal Products Is Increasing and Improving
Business consulting firm Grandview Research reports that medicinal marijuana products accounted for 71% of 2019 cannabis revenues. This is due to growing adoption of the drug as a pharmaceutical product that treats severe medical conditions such as cancer, arthritis, Parkinson’s, and Alzheimer’s disease, among others. And an increasing need for pain management drugs from the elder population is expected to spur growth.
All of this means one thing….
It’s time to join the green rush. And I’m not the only one who thinks so…
Joe Montana: “NOW Is the Time to Invest in Cannabis”
Through his investment fund, legendary quarterback Joe Montana started backing some of the most monstrous companies in the world way before they became household names. We’re talking tech industry giants like Dropbox – now worth $7.4 billion. Not to mention the $100 billion social media titan Pinterest. But now, he’s also got his eye on another market sector… and it’s going to surprise you. Click here to learn more.
Tomorrow, I’m going to reveal a volatility play that will let you turn the market’s lemons into lemonade. You won’t want to miss it…
Good trading,
Tom Gentile
America’s #1 Pattern Trader
