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.