Investors are not wasting any time putting their money on marijuana stocks, as the industry generated $8.5 billion in spending in the U.S. last year and is expected to reach $23.4 billion by 2022. However, the current “hot” marijuana stock market is as attractive as it is risky for investors simply because it is still at a very early stage. Let’s take a look at the top ... Continue Reading
cannabis industry
Is a Marijuana Drink the Future Alternative to Alcohol?
Is weed more dangerous than alcohol? The recent marijuana revolution brought up the already heated debate of “the lesser evil” between weed and alcohol to life. As current trends show, people are becoming more interested in drinking their weed than actually smoking it. What does that mean for the massive alcohol industry? We are taking a look at scientific opinions on ... Continue Reading
Cannabis Mergers On The Horizon As Laws Change
The cannabis industry is growing at an exponential rate, and companies are trying to keep up. So far, most businesses in the cannabis industry have been small, independently held entities. Unlike in 2018, this year seems promising for the expansion of cannabusinesses, as cannabis mergers are expected to take over. Major businesses in the food, tobacco, soft-drink, or ... Continue Reading
Recreational Use of Marijuana Support Grows to 62%
For some people, it might be hard to believe how much support has grown for recreational use of marijuana in the last two decades. In 2000, only 31% of American adults supported this movement, and today that number is exactly double. These numbers are meaningful. The implications of a society that, for the most part, accepts medical and recreational use of marijuana are ... Continue Reading
The Vast Business Opportunities of Legal Cannabis
Could the cannabis industry trend be heralding a new gold rush? This post from City A.M. discusses how legal cannabis is raising the bar for investment possibilities and creativity. Is cannabis the new gold? And if so, are we at the gates of a greener and much more lucrative gold rush? Long gone are the days in which the legalisation of marijuana seemed impossible. Across ... Continue Reading