We're still in the early stages, but being a forward-thinking investor and understanding how a branding story will play out is what allows you to get in early on companies like Apple, Starbucks, or McDonald's.
When California decided to legalize recreational marijuana sales in 2016, it was in a prime position to become the kingpin of the United States' market. After all, the Golden State was the first in the U.S. to legalize medical cannabis in 1996, it was ranked the world's fifth-largest economy as of 2017, and it's the largest state by population to have legalized recreational cannabis use.
There was no shortage of breaking news in the cannabis space in 2018. Over the past year, Michigan became the first state in the American Midwest to repeal prohibition. Thanks to the 2018 Farm Bill, Congress finally legalized hemp and CBD.
Our latest member-only video companion to our Monthly Investment Package shows you why CBD will soon become a dominant trend. We also get a look at the best picks for the next several months and some expert projections.