A lot of attention has been paid to cannabis legalization and use in the US. To date, 30 states have legalized the use of medical marijuana, with seven of those states legalizing cannabis for recreational use as well. With all the information coming to light about the benefits of marijuana for many conditions and illnesses, there is a great likelihood that many more states will follow suit, which is why the cannabis industry is exploding!
The Cannabis Industry Is Exploding!
According to The Cannabis Industry 2017 Annual Report, the sales of recreational marijuana and medical use marijuana are rising at exponential rates. Forecasts are that the sales will reach as much as $13.38 billion by the end of 2019 and climb to as high as $24.07 billion by the year 2025. Those projections don’t even include the legalization of marijuana in the remaining 20 states. If other states do overturn and legalize its use, the statistics could be staggering.
Why You Should Get In Now
What any smart investor understands is that the time to get in is not when a commodity is at its pinnacle; instead, get in when it is on its way up. Although there are some in the market who believe that, because the cannabis industry is exploding, it could lead to a bust, no economic forecasts indicate that the market isn’t on a steady climb. And there are no indications that the increase will stop anytime soon. Those who get in now and continue to ride the incline will realize the highest amount of profit. Although it might seem like a high-risk investment, the reward is likewise high. This means it is all about what you are comfortable with.
A Rare Opportunity
Investing in cannabis now is a rare opportunity that few investors will ever see. With projected sales expected to rise as much as 50% in 2018 alone, even the smaller investors could realize a windfall of profit. There are not many other commodities that have ever exploded with such enthusiasm, and with no real end in sight. If you are looking to secure your financial future, now is the time to pull the trigger.
Sometimes you have to assume a little bit of risk to get a great reward. The good news is that although it’s considered a dangerous proposition, investing in cannabis is not really as risky as people think. The forecasts for its growth are based on what it is currently doing in the market. They are also not taking into account the fact that 20 more states might be added to the mix. The cannabis industry is exploding, and if you want to be a part of financial history, now is the time to jump in. To discuss how to best invest in the cannabis industry, contact Maricap today!