Often I am asked the question: "why should I inves
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Posted On: 06/12/2020 7:42:55 PM
Often I am asked the question: "why should I invest in cannabis stocks?"
Here’s why you should get invested right now … At the Federal level, marijuana (pot) is still illegal. But States are making this booming industry legal, and it’s estimated to reach $63 billion by the end of 2024.
If this industry hits the tipping point, and becomes legal at the Federal level this year, it could soar even higher (and your potential wealth could grow even bigger). Let me be clear, this isn’t some “fad.”
Worldwide spending in the legal marijuana industry has already exceeded $10 billion, and It's still growing at an annual rate north of 27%. So with Federal approval, you could ride the wave to millions of dollars almost over night.
The above is just the illegal cannabis market, but what about the legal market? The legal market is in much the same situation as the illegal market. While Congress did vote to make medical cannabis legal (hemp derived), there are road blocks that still make life difficult. However, the world may soon change in favor of making all forms of cannabis completely legal. When that day does finally come, look out, unimaginable wealth may flow your way. The only sticking point. You must be invested to see the rewards. Fear is the primary stumbling block, and the thing that keeps many from investing. One cannot blame people for being skeptical, but history tells us that taking risk is the best mode to achieving financial independence, and with it, the freedom to live as one likes.
Kgem
Here’s why you should get invested right now … At the Federal level, marijuana (pot) is still illegal. But States are making this booming industry legal, and it’s estimated to reach $63 billion by the end of 2024.
If this industry hits the tipping point, and becomes legal at the Federal level this year, it could soar even higher (and your potential wealth could grow even bigger). Let me be clear, this isn’t some “fad.”
Worldwide spending in the legal marijuana industry has already exceeded $10 billion, and It's still growing at an annual rate north of 27%. So with Federal approval, you could ride the wave to millions of dollars almost over night.
The above is just the illegal cannabis market, but what about the legal market? The legal market is in much the same situation as the illegal market. While Congress did vote to make medical cannabis legal (hemp derived), there are road blocks that still make life difficult. However, the world may soon change in favor of making all forms of cannabis completely legal. When that day does finally come, look out, unimaginable wealth may flow your way. The only sticking point. You must be invested to see the rewards. Fear is the primary stumbling block, and the thing that keeps many from investing. One cannot blame people for being skeptical, but history tells us that taking risk is the best mode to achieving financial independence, and with it, the freedom to live as one likes.
Kgem
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