Big Consumer Brand Companies Jumping into the Cannabis Market

[longknife]

More and More potheads every day. Guess we’re going to see a major decline in booze hounds to be replaced by clouds of noxious smoke.

The cannabis market is expected to generate more than $10 billion in sales in North America this year, a number expected to grow to about $23 billion by 2021. The North American illicit market, meanwhile, is expected to growth to more than $50 billion, which presents a key opportunity should cannabis ever become legal at the federal level in the U.S. The U.S. cannabis market is estimated to be about 10 times bigger than the Canadian market, which is enjoying first-mover advantage since fully legalizing the substance in October.

So, lots of investors lining up to take advantage of a new market.


More @ Big Consumer Brand Companies Jumping into the Cannabis Market | Stock Investor

 

[depotoo]

Or they will be high and drunk.

 

[BlackFlag]

It’s about time the tyranny and bullshit came to an end

 

[martybegan]

More and More potheads every day. Guess we’re going to see a major decline in booze hounds to be replaced by clouds of noxious smoke.

The cannabis market is expected to generate more than $10 billion in sales in North America this year, a number expected to grow to about $23 billion by 2021. The North American illicit market, meanwhile, is expected to growth to more than $50 billion, which presents a key opportunity should cannabis ever become legal at the federal level in the U.S. The U.S. cannabis market is estimated to be about 10 times bigger than the Canadian market, which is enjoying first-mover advantage since fully legalizing the substance in October.

So, lots of investors lining up to take advantage of a new market.


More @ Big Consumer Brand Companies Jumping into the Cannabis Market | Stock Investor

I am all for reducing federal power. Let the States figure it out.

What is really needed is a spot test for THC levels and a way to measure them with regards to impairment.