Unstoppable Trend: Green Rush Profits Unleashed

in #marijuana7 years ago (edited)

 

Green Rush: Profits for Generations

 29 states have legalized some form of marijuana. This is a trend with unstoppable force. I grew up ultra-conservative in an age where marijuana was  essentially on par with heroin. In 5th grade I took D.A.R.E., a program  that taught students about the harmful effects of drug abuse. In the  crosshairs of this class was marijuana and how it was certainly the  gateway to more illicit and harmful drugs. It was a time in history  where the population widely rejected the use of marijuana and it was prohibited. This is drastically changing. I'm not here to advocate the use of marijuana, and it's probably best  that you don't use it, but regardless, I can tell you that society is  accepting it and widespread use is going to be a global trend. On November 6, 2012, Colorado and Washington became the first  states to legalize the sale and possession of cannabis for recreational  use. Seven states and the District of Columbia have adopted the most  expansive laws, legalizing marijuana for recreational use. Most  recently, California , Massachusetts, Maine, and Nevada all passed measures in November legalizing recreational marijuana. 

 California will set the tone. With California's implementation of recreational marijuana use, the floodgates will fling open. California is a state of 39 million people. It's not just that  California is the 5th largest economy in the world, this state has 250  million people a year that come and visit. Florida is number 2 in terms  of yearly visitors, and they only get about 113 million – less than half  as many as California. And let's not forget that mainstream television is Cali-based, and  influences of this law will certainly make its way into every country in  the entire world. The true impact that California will have on this trend will be  incomprehensible, which is why I now feel like there is no turning back  and the future will literally light up. 


 22% of American adults are using marijuana, and the majority of this group are millennials. In a recent study collecting data from 596,500 adults aged 18 or older who took part in the annual U.S.  National Survey on Drug Use and Health from 2002 to 2014, results found  the number of Americans using marijuana jumped from 3.9 million to 8.4  million. According to the Marist Poll, 52% of Americans aged 18 years  and older have used marijuana once in their life, and out of that 52%,  44% of them are still actively using. The world is very receptive to  using it. As opposed to alcohol, which is in the maturity phase, we are just  now in the growth stage of the marijuana industry. Along growing  popularity in the marijuana space, regulators are loosening up in the  financial sectors, as this green rush is taking the world by storm. Early Stages of Gushing Profits Just to give you an idea of how small this industry is, the largest cannabis player right now is GW  Pharmaceuticals, a company that has a market cap of $3 billion. In  fact, it's the only company in the cannabis space worth over a billion. Even being the largest player in the cannabis space, GW Pharmaceuticals is 70 times smaller than Anheuser Busch, with a market cap of $220 billion, just to put the industry into perspective. This will not be the case for long. From recreational uses to the  laundry lists of industrial capabilities, marijuana companies are going  to rocket higher. These stats are sure to be even more indicative of the loosening of  the trend that favors massive growth in the marijuana business. North American sales are projected to top $20.2 billion by 2021, assuming a compound annual growth rate of 25%. To put this in perspective, this industry growth is larger and faster  than even the Dotcom era. During that time, GDP grew at a blistering  pace of 22%. 25% is an astounding number – especially when you consider  that the industry is in its early stages. This is It… Don't Miss an Opportunity From an investment standpoint, the winds are at our back, and  I am diligently seeking the right opportunities in the cannabis space. I  am in talks right now with the most dynamic players in the industry as  they pitch me their business plan's and everything they intend to do in  this space, and what I can tell you is there will be fireworks. After all, we've learned that the THC in marijuana has medicinal  uses, while the plant fibers in hemp have countless uses in  manufacturing and industrial production. Just something as simple as paper could be made with marijuana that  takes 12-14 weeks to grow, as opposed to a tree that takes 20-50 years. This is a win-win and a no-brainer for environmentalists. Millennials are speaking, legislation is in place, and the trend is certainly shifting… We will be prepared. As a subscriber to Crush The Street, you can be assured that  you are getting the most up-to-date and well researched information to  prepare yourself financially, and positioned correctly to thrive in the  hottest trends.

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@crushthestreet

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