The outlook for the US cannabis industry has never looked better. A recent report from Nielson, an industry-leading research firm, predicts enormous sales growth in the next five years.
In 2018, we estimate that total sales of all legalized cannabis in the U.S. reached $8 billion. With newer recreational markets such as Michigan and Illinois opening up for business in 2020 and more states likely to follow suit, we predict that sales of all legalized cannabis in the U.S. will reach $41 billion by 2025.
Continue “Investing in Marijuana – Back to the Basics”
Canadian cannabis companies are investing millions to develop e-commerce stores that will eventually help them sell billions in cannabis products in Canada and all across the world.
However, developing and managing a global e-commerce platform isn’t exactly the easiest thing to do. It has taken Amazon more than 20 years to develop into a world-class e-commerce company. Continue “Tech Stock Up 160% in 12 Months for Taking Canada’s Cannabis Industry Online”
2019 has been a volatile year for the cannabis sector. After delivering big gains early in the year, cannabis stocks fell into a bear market this summer.
Bear markets are actually pretty normal for the cannabis sector. Cannabis stocks have experienced and recovered from bear markets in each of the last three years. Continue “Quick and Easy Way to Diversify Cannabis Investing”
