$35b MJ Market by 2020 is LOW BALL
Folks Pfizer makes over $1b from Viagra alone. That's one drug. MJ can be used for pain management, anti-depressants, glaucoma, arthritis, anti-motherfing cancer medicine.......the medical application of cannabis is itself possibly worth $50b.
Then there's the recreational applicationt, which combines similar metrics to liquor, again a multi-dozen billion $ industry will all sorts of cottage industries based around it.
The real kicker is hemp where it could honestly be a trillion dollar application. Medicine, nutrition, textiles, plastics, fuels, building material.....the industrial applications are enormous.
So how does VAPE fit into all of this? Who knows? Maybe as one of the cottage industries surrounding the increasingly whiter markets of cannabis. Just a small percentage of a $35b annual market is good money and if my significantly higher projections come true, VAPE would have some serious revenue.
