A recent article in The Crows Nest by Managing Editor, Jimmy Mengel, was extoling the virtues of inverting in the marijuana indurty.
"The cannabis market is growing as fast as internet companies were in the 2000s and is set to deliver out-sized returns for years to come.
For better or worse, marijuana is immensely popular. And its popularity is increasing each and every day...
A recent survey revealed that 7.3% of Americans 12 or older regularly used marijuana in 2012, up from 7% in 2011. That's 7.6 million Americans who light up almost every single day of their lives. Countless millions of others use it occasionally.
The trend is clearly growing in favor of marijuana growers and distributors. You can choose to turn up your nose, or you can start cashing in on the feeding frenzy while it's still on the way up. In other words, the time has finally come for marijuana stocks...
The legal cannabis market in the U.S. alone is expected to expand by eight times its current size in the next decade — growing from $6 billion to $50 billion, according to Cowen & Co.
The North American cannabis market posted $6.7 billion in revenue in 2016, up a full 30% from 2015, according to a recent report from Arcview Market Research. That’s nearly $2 billion more than the experts were projecting in 2014."
Without a doubt legalised consumption of Marijuana is here to stay, and marijuana investing is showing up to be one of the greatest moneymaking opportunity of our lives. If you really want a diversified portfolio it would pay to take a really long look at this mega-trend that can deliver life-changing gains.
While marijuana is still illegal under federal law there are numerous reasons as to why it doesn’t make sense for the feds to prosecute business owners.
It would for example:
Genera; acceptance for leagalised marijuana has steady increased over the last 50 years as the Gallup poll chart shows.
When it comes to federal regulations on marijuana, Canada is a little ahead of the United States, which makes investing in Canadian cannabis companies a wise decision from an investment standpoint.
The following are proven marijuana stocks that have treated investors to substantial gains.
Top Marijuana Stocks