Global cannabis demand is rapidly overtaking the world’s biggest, most profitable industries…

Take a hard look at the cannabis market.

Look closely, and you’ll see the single biggest market to hit the global economy in decades.

It’s bigger than the global PC market. It’s bigger than gaming. In fact, consumers spend more money on cannabis each year than what hits the top lines of social media companies like Facebook and online marketplaces like Amazon combined.

It’s almost as big as one of the most predominant, innovative, and disruptive sectors of the twentieth century.

Now, I expect everyone reading this would happily hop in a time machine and buy shares in Microsoft, Apple, and Amazon for a second chance to get in early on those unexpected but remarkably high growth industries.

Imagine the wealth you could have built.

But with cannabis now on the scene, you don’t need a time machine.

You can start building incredible wealth right now.

You just need to appreciate the massive size of the cannabis market today and how much bigger it will get as legalization inevitably spreads.

Because once it does, cannabis will overtake some of the most significant industries to emerge in the twenty-first century…

An Industry We Know Well

Part of the beauty of cannabis is the fact that we know the current size of the market.

In 2018, global demand for cannabis reached $344 billion.

That number includes both legal and illegal sales. And that $344 billion base gives us a sense of how much of that existing demand cannabis companies will soon be able to turn into legal revenues.

Source: New Frontier Data

Over the last few years, cannabis demand has grown steadily at about 15% per year. This means that in 2019, global cannabis demand likely hit close to $400 billion.

Let’s compare that $400 billion base to the total global demand for the products and services sold by some of the biggest tech companies in the world – companies that have minted millionaires and billionaires for decades.

And I’ll wager that when you think of major tech innovations over the last 40 years, your list includes many of the sectors included in the chart below.

Source: National Institute for Cannabis Investors

These industries pull in hundreds of billions of dollars in revenues each year.

PCs are a $200 billion industry. Semi-conductor sales reached $412 billion last year. Social media, online marketplaces, and video games racked up a total of $410 billion between them.

We’re talking significant sectors of the economy made up of behemoths like Microsoft, Apple, Amazon, and Facebook.

And the demand for cannabis outstrips the entire market for the total goods and services sold by a few of these industries combined!

When these industries hit the scene, no one knew how big they could get. They were unexpected and very few people knew whether the demand would be there for these products in the future.

With cannabis, we have a big head start. We know how much spending happens now.

Of the $400 billion global market for cannabis, the legal market makes up a mere $12 billion. That means legal cannabis revenues must make a 33-fold leap just to meet last year’s estimated $400 billion demand.

And as legalization spreads, the cannabis market will even surge past the one industry that literally sits in the hip pockets of almost every person on the planet.

As Ubiquitous as Smartphones

Spending on smartphones reached $522 billion in 2018. The industry grew 5% from the prior year. Assuming that same level of growth, last year’s total probably jumped to around $550 billion.

But with cannabis legalization quickly sweeping the globe, and the new product opportunities this expansion creates, the global cannabis market has the potential to more than double over the next few years.

I’m talking about entirely new markets like CBD in all its forms, cannabis-infused drinks and edibles, and expanded consumption as the stigma around cannabis disappears. There’s also the rapidly growing demand for medical cannabis. Because, after all, cannabis as a powerful and effective medicine is what triggered legalization in the first place.

The CBD market is on fire right now. In fact, this market alone could grow 15 times faster than the cannabis market as a whole. Here’s how you can profit.

And let’s not forget the massive opportunity to develop pharmaceutical products from the over 100 cannabinoids manufactured by the remarkable cannabis plant.

All these new markets could turn cannabis into an over $1 trillion market. This will put cannabis on par with an even bigger industry – one that smartphones are just a part of.

Smartphones are a technical consumer good, or “TCG.” In addition to smartphones, the TCG industry includes wearables like the Apple Watch, small domestic appliances like Google Home and Amazon Alexa, consumer electronics, photography, and even information technology and office equipment designed for personal use.

When you add up sales of all these products around the world, you’re talking about a $1.2 trillion market.

As cannabis legalization takes the handcuffs off researchers, innovators, and entrepreneurs around the world, the demand for cannabis and the ecosystem of services and products supporting this industry will outstrip them all.

And it won’t take decades to get there.

Remember – life-changing wealth opportunities don’t last forever, but regrets do.

Right now, you are in an incredible position to get in on the ground floor of the biggest market to emerge in decades.

For everything you need to know to potentially cash in on this unstoppable industry before legalization gets the attention of Wall Street, grab yourself a copy of the 2020 Pot Profits Roadmap.

Take care,

Don Yocham, CFA
Executive Director, National Institute for Cannabis Investors


Comments

2 responses to “You Stand at the Forefront of the Single Biggest Market to Emerge in Decades”

  1. I am a medical marijuana user and it’s been great you don’t have to look over your shoulder no more

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