This year's impressive achievements for the cannabis industry will pale in comparison to what is coming. Part of what's fueling our optimistic view is not what's on the books, but what's on deck at the state and federal level.
As alcohol Prohibition ended 86 years ago today, illicit revenue became legal profits available to savvy investors, a flood of researched-based innovation drove new products, and the industry soared. This is all happening in the cannabis industryright now.
There are still riches to be made from medical cannabis. Maryland showed it this month by smashing annual estimates for sales. And a New York company just made almost $50 million by selling its license before ever selling any actual marijuana.
New Jersey will be bring in recreational cannabis money at the register by 2019 - others will follow. That's why the East Coast is becoming the market to watch and could surpass California's market size.
Doctors, researchers, veterans who use cannabis, and a prominent professional athlete talk to the National Institute for Cannabis Investors about PTSD and how much cannabis-based products can help in treating the disease.
The eyes of the cannabis industry continue to shift east, as Massachusetts opens its first recreational dispensaries. But a neighbor is trying to do something much bigger even without expanding beyond medical use.
The biggest change in federal cannabis law is coming in 2019 and it will open up a wave of new opportunity for businesses. And that's not even the most important part of what our inside source has to say. (Read more)
There has never been a better time to be a cannabis investor than right now. Cannabis is about to enter a stage of MASSIVE consolidation. This is going to set the stage for unprecedented potential profits for early investors! And once American legalization occurs, this tiny $10.8 billion industry could skyrocket to $100 billion... $500 billion... or even $1 trillion, virtually overnight. Just click here to find out more.
With the biggest opponent to cannabis out of the way, the federal government has an easier path to pro-cannabis measures. That will open up the floodgates for publicly traded cannabis firms, especially those operating in the United States.