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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)
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...
December 26, 2018
The marijuana story is quickly growing like a weed. Canada just approved its use this year. The global community is embracing its medicinal benefits. More U.S. states are jumping on board with approval And corporate America is quickly jumping on the bandwagon. We already know alcohol companies like Constellation Brands...
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