Cash in on Nevada’s Economic Growth with this Cannabis Industry Leader

Nevada’s strong economic post-COVID recovery is driving the state’s booming cannabis market.

Nevada recorded GDP growth of 9.7% in the second quarter, the best growth rate of all 50 U.S. states, beating Hawaii’s 8.9% GDP growth. This strong economic recovery has given Nevada’s legal cannabis industry a big boost.

Nevada just reported record cannabis sales of more than $1 billion in the last twelve months, smashing the previous year’s taxable sales of only $685 million.

Investors looking to cash in on Nevada’s high-growth cannabis market should check out an undercover cannabis stock that is an early industry leader in the state. Continue reading “Cash in on Nevada’s Economic Growth with this Cannabis Industry Leader”

Meet the New King of the U.S. Cannabis Industry

Cannabis With Money

The U.S. cannabis industry has a new king. This new royalty is a product of a $2.1 billion merger, the largest buyout in the history of the young U.S. cannabis industry.

So which company has quickly jumped to the top of the sector?

Continue reading “Meet the New King of the U.S. Cannabis Industry”

Play Colorado’s $2 Billion Market with this Hidden Stock

Colorado Skyline

Legal cannabis is one of the few industries that continued to grow in 2020 despite the economic collapse triggered by COVID-19.

Denver is thriving and one of the strongest markets in the U.S. A new report from the City of Denver shows that cannabis sales hit a record $715 million in 2020, up 21% from record sales in 2019. That created tax revenue of $70 million for the city of Denver – a windfall for local politicians.

Denver’s thriving market is part of a larger trend. Cannabis sales in Colorado have been booming for years and hit a new all-time high of more than $2 billion in 2020. Continue reading “Play Colorado’s $2 Billion Market with this Hidden Stock”