The key that will drive the cannabis industry is globalization.
In the past the focus was on legal cannabis in North America. In this next decade we will see the birth of a truly big global industry.
It may be worth more than $1 trillion, Canadian sales are projected to reach $5.4 billion, when you add in the product makers, the labs, tourism, exports, it could reach $19.4 billion as an overall industry.
It is predicted by New Frontier Data that the $8.billion U.S. recreational and medical marijuana industry will grow at an annual growth rate of 14.7%- an estimated $25 billion by 2025.
There are 33 nations whit some form of legal marijuana, Legal marijuana is at an inflection point.
Now is the time to get in, Let us keep a watch on (OTC.ACBFF)…(NASDAQ. CRON)…(NYSE.CGC) This is truly the new Gold Rush it is highly unlikely that it will happen again in our lifetime.
Humbly yours Paul Earl, may your investing bring you prosperity.