Smoke ’em if you got ’em.
And invest, invest, invest.
This isn’t your parent’s weed — the marijuana industry has become a bona fide cash cow in countries all over the world and has the ability to fundamentally alter the GDP of California, Colorado, and the rest of the United States.
With Canada also in the mix, North America’s stocks are going up in smoke!
One of the fastest growing industries, legal cannabis isn’t just about getting laced and going to concerts anymore. In fact, it’s taking the world by storm.
If you’re interested in investing in marijuana stocks or companies, check out these ten can’t miss interesting facts about weed:
10. Legal Cannabis is Grown in More Than 50% of the U.S.
From medical distributors to scientific researchers, cannabis has officially become destigmatized from sea to shining sea. While more than half of states have legal cannabis for medical use, the federal ban on mary jane still stands.
But, say some, that’s more of a reason than ever to invest in marijuana. Oregon, California, Colorado, Massachusetts, and even Maine and Alaska have recreationally legal weed.
And the whole continent is getting in on the good stuff: Canada recently legalized recreational cannabis in a historic June 2018 legal move.
9. It’s Getting Better
Marijuana science is just that, but it’s also a true art form. Medical researchers have been extracting certain parts of the cannabis plant for their use, and botanists know how to mix and match designer strains to achieve a certain result.
Some cancer patients, for example, find that the “couch lock” of certain strains is more effective during their treatments for the intense bodily pain they can feel. Depression and anxiety patients may prefer the “head high” they get from other types of marijuana.
Many people who invest in marijuana believe that its medicinal use is more potentially powerful than its recreational draw — and they might just be right.
8. Catch a Billion Dollar Buzz
In 2013 alone, the legal cannabis industry was more than $1.53 billion in just the United States. With Canadian border cities like Toronto and Montreal also having legal access to the plant, there’s more and more of a legitimate international market.
In fact, if current regulations continue at their pace, the United States is slated to receive about $130 billion in tax revenue from the cannabis industry by 2025.
If you’re asking yourself, “Should I invest in marijuana?”
…It would seem that the answer is yes!
7. It’s an Employment Green and Gold Mine
In addition to the crazy money and tax revenue the burgeoning legal industry will generate, if things stay as they are the marijuana business could generate up to one million jobs in the U.S.
Often, one of the barriers to entry into a field is formal education. In the marijuana world, however, there’s more and more leeway for those who don’t have their degrees.
Activists are working hard to help people with industry knowledge that were previously considered criminals get into the game. Just another reason to feel good about investing in weed!
The industry already creates thousands of jobs, from seasonal harvesters in the Pacific Northwest to those that work in product design and market research nationwide.
In fact, in Colorado had as many people employed in the weed industry as they did in law enforcement.
6. Medicine is King
Medical cannabis continues to outsell recreational weed in the United States, which isn’t surprising given the number of states (30, plus D.C.) that have medical statutes and legalization for the life-saving plant.
It’s important to note when you’re considering investing in weed that medical cannabis is saving lives, and could be not only a profitable but also a feel-good investment.
5. California = Millions of Tons of Weed
No, that’s not hyperbole.
Pot is king of the cash crops in California, who has hundreds of largescale grow operations as well as many more medical growers. Marijuana investing is at all-time “high” in the state, with cannabis being a more profitable crop than the next five crops combined.
4. Female Plant, Female Powered Industry
The cannabis plant that people smoke is sinsemilla — a seedless female plant, so it only makes sense that girls feel the power in the industry, too.
Laboratory testing jobs in the cannabis industry are more than 50% female and executives in marijuana that are female number at almost one-third.
This is much more than you’ll find in other corporate industries and a better percentage than Fortune 500.
Marijuana investing is an investment in the future — and the future is female.
3. How About Double Your Money?
In 2018, legal sales of marijuana could double. More and more U.S. states, as well as Canada, are legalizing medical and recreational marijuana.
With low buy-ins for stock prices and the opportunity for lots of angel investing, time is of the essence. Get in before the low stock prices go up in smoke.
If you’re wondering when to invest in marijuana, the time… is now!
2. Cannabis is Illegal in All But One Country
That’s about to change, of course, with the Canadian legalization just on the horizon. But it’s a known (and crazy!) fact that you can’t catch a legal buzz anywhere in the world except Uruguay.
Even in countries like The Netherlands, pot may be legalized in some places but not others. In many places it’s decriminalized, which means you probably won’t go to prison for puffing — but that still doesn’t mean it’s 100% legit.
Even in the United States, where things are rapidly changing in favor of the marijuana industry, it’s still classified as a Schedule I drug and is slapped with a federal ban.
1. Investing in Marijuana (Now!) is Smart
We’re not blowing smoke — investing in marijuana is a smart move, and the sooner you get into the industry, the better.
When you invest in weed now, you’re getting in on the ground floor of a previously black market product. And you’ll be proud to see how much green you get back!
If you want to learn about the marijuana market and what pot stocks you should be investing in, view here for more.
We’ve got the tools to help you succeed in weed!