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U.S Marijuana Market: The Grass Is Getting Greener Projected Growth of U.S. recreational and medical marijuana sales (billiom U.S. dollars)
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January 13, 2019
Controversial or not, the marijuana boom is tough to ignore. For one, lawmakers in Kentucky and West Virginia are now considering full marijuana legalization. Lawmakers in Indiana, Missouri, Texas and Virginia could also soon vote on legalization bills that were recently introduced. Two, considering the sizable growth there are plenty...
January 9, 2019
The cannabis market may be bigger than first thought. According to analysts at Cowen, U.S. cannabis sales alone could reach $80 billion by 2030 – an increase of $5 billion from earlier estimates, and a 4% compound annual growth rate. "We expect continued growth in newly established U.S. states, and...
January 2, 2019
The marijuana industry had a game-changing year. Canada approved its use last year. The Farm Bill legalized industrial hemp, and CBD. More U.S. states have approved its recreational and/or medicinal use. Americans have become more accepting of marijuana… the list goes on. No wonder analysts like Cowen & Co. say...
December 28, 2018
It may be one of the most controversial topics in the world. But there’s no denying the sizable opportunities that cannabis investing is providing. Especially as it just begins to transform multi-billion-dollar industries. We’re talking about beverages, alcohol, beer, sports drinks, pharmaceuticals, tobacco, and the $3.2 trillion wellness industry, as the...
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