Cannabis Companies Aggressively Expand Operations
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Posted On: 12/08/2018 7:02:37 PM
Cannabis Companies Aggressively Expand Operations Heading Into 2019 to Meet Surging Consumer Demand
8:55 am ET December 6, 2018 (PR Newswire)
The demand for cannabis products is surging as the market rapidly evolves and turns into a multi-billion dollar powerhouse. Fueled by favorable political conditions including sweeping legalization, as well as the creation of new customers, cannabis has become one of the hottest commodities in the market. According to Marijuana Business Daily, legal cannabis revenues could end up reaching as high as $9 billion by year-end, which would illustrate a roughly 42% growth from last year's output. This drastic growth is forcing leaders in the industry to expand operations in order to keep up with demand and avoid product shortages. Leaders are investing in infrastructure, property, and new plant and equipment to maximize their operations.
https://invest.ameritrade.com/grid/p/site#r=j...340p7428-1
8:55 am ET December 6, 2018 (PR Newswire)
The demand for cannabis products is surging as the market rapidly evolves and turns into a multi-billion dollar powerhouse. Fueled by favorable political conditions including sweeping legalization, as well as the creation of new customers, cannabis has become one of the hottest commodities in the market. According to Marijuana Business Daily, legal cannabis revenues could end up reaching as high as $9 billion by year-end, which would illustrate a roughly 42% growth from last year's output. This drastic growth is forcing leaders in the industry to expand operations in order to keep up with demand and avoid product shortages. Leaders are investing in infrastructure, property, and new plant and equipment to maximize their operations.
https://invest.ameritrade.com/grid/p/site#r=j...340p7428-1
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