According to the CEO of Brinks, Douglas Pertz, cannabis is going to be a booming industry on a global basis. He believes the industry will be worth $160 billion.

Brinks provides cash and logistics services to marijuana producer Canopy Growth in Canada.

In a one-on-one interview with “Mad Money” host Jim Cramer, Pertz said on Monday, “I think the key piece there: There’s probably only about 10% of that that’s legal, but that means there’s a huge opportunity and demand out there.”

Canada is on the forefront of a nine-figure cannabis industry that only has more room to grow, said the CEO.

“I think the key piece there: There’s probably only about 10% of that that’s legal, but that means there’s a huge opportunity and demand out there.”

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

This Mayor Broke a Tie to Vote to Approve Marijuana-Dispensary Regulations
06 November 2019
Cannabis Mixed with Tobacco Could Hurt Your Heart
02 June 2017
There’s a School Dedicated to Studying Marijuana in This State
11 January 2019