Why Cannabis Will Be More Popular Than Chocolate And More American Than Apple Pie

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I just flew back from a cannabis investment conference in Las Vegas, where I spoke before standing-room-only crowd.

Here’s why everyone is so interested …

America's Appetite for Cannabis

It wasn't that long ago that I told you how cannabis is getting bigger than baseball. Well, give it a couple of years,
and you'll see it grow bigger than a lot of other things:

 

Source: KushCo Holdings

By 2020, cannabis is going to be bigger than chocolate ... bigger than organic food ... bigger than wine!

In fact ...

  • Retail cannabis sales are projected to reach more than $20 billion by 2020. And that's in the U.S. alone.
  • By 2026, the U.S. legal market is projected to grow to more than $80 billion.
  • Plus, since the cannabis business sparks activity in other parts of the economy, from lawyers to electricians, there could be an additional $75 billion of economic value by 2030.
  • Global legalization could lead to 1 billion consumers and a $500 billion annual market.

Wow!

Why Big Pharma is Worried

This chart, from Emerald Health Therapeutics, shows common ailments and the cannabinoids that can be used to treat them.

Source: Emerald Health Therapeutics

In fact, study after study has already shown that many patients who use opioids, if given a choice, would rather use cannabis or some effective combination of cannabinoids.

What's more, a study from the University of Georgia examined the costs of Medicare's prescription drug benefit program in 2013 over 17 states. Researchers found a savings of $165.2 million in prescription costs from using cannabis.

So you can see why Big Pharma is worried. Some are being proactive — developing new drugs with cannabis or even artificial THC as an ingredient. And I think we could see a buying frenzy down the road, as the cash-rich pharma giants buy up promising cannabis-based drugs.

Now, my third chart. It's really a table; one I've created for you.

Zoom-Zoom Growth

Look at these numbers …

It was only a couple years ago that states that had legalized marijuana were in the minority. It was only a few years before that, that fully HALF of Americans didn't want marijuana legalized. Look at 'em now!

The legal market for marijuana is soaring, and is projected to double in a few short years. And the market for CBD is blasting off like a Saturn rocket!

Now you know why all those investors at the Las Vegas were so excited. They want a piece of this.

One vehicle investors buy is the ETFMG Alternative Harvest ETF. But that's the easy, lazy way.

I explain the truly profitable way in this video: The opportunity to turn a $30,000 grubstake into a $1.4 million nest egg. The chance to generate nearly $20,000 in spendable cash per month. Plus much more.

Due to overwhelming popular demand, the video is back online — but only for another 48 hours.

To watch is now, just click here.

All the best,

Sean

About the Contributor

Supercycles aren't daily occurrences. They happen in stages and can last for years. Sean Brodrick identifies them early and mines for the most financially sound stocks within them. And he taps into the powerful Weiss Ratings, along with our proprietary AI Performance Booster, to help him do it!

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