The Cannabis market has exploded over the past 5 years. In the US alone, it’s gone from under $3 Billion in sales in 2013 to a more than a 10 Billion dollar industry in 2017.
Arcview Market Research anticipates the market will grow to almost $25 billion in three years — Even if no other US State was to legalize.
And Investment Bank, Cowen and Co. has predicted the Cannabis industry is likely to reach $75 Billion by 2030, surpassing the soft drink industry.
One company, Canopy Growth Corp, has seen its value skyrocket over the past 2 years.
Take a look at this CBC headline from November 2016 where Canopy Growth becomes Canada’s first marijuana stock worth $1 billion”
While there are no guarantees in the market, savvy investors like Peter Thiel, and alcohol giant Constellation Brands Inc. seem to be betting BIG, that it will continue to grow…
And if you too would like to capitalize on this, the first thing you should recognize is the 3 key factors that are driving the growth in the Cannabis industry