HempAmericana Inc (HMPQ)

[Bearlove]

Marijuana/Hemp Stocks Are Seeing a New Boom Throughout the Industry


By J. Phillip -
Apr 26, 2018
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There is no doubt that the cannabis market has been booming in recent times, but the past year or so has been instrumental in the development of the industry for the future. Some cannabis stocks have seen a growth of over 1,000%, leading many new investors to come into the space.

The research firm ArcView has stated that with a 33% increase in cannabis sales to almost $10 billion, the next 10 years could see that number going up to as much as $50 billion. This is a growth rate that is almost unprecedented in any other industry.

Polls throughout the U.S. have shown an overwhelming amount of support for the industry which has changed over the past ten years quite drastically. The current state of support for the legal cannabis industry is as much as 64%, which is almost double from where it was ten years ago. The market has also been changing dramatically throughout the world as Canada is currently in the process of legalizing cannabis recreationally by Summer of this year. The market in Canada could potentially become the first developed country in the world to have recreational marijuana legalized which is a huge step from any perspective.

The world of cannabis has remained extremely positive for those who have gotten in and those looking to get in. In any market, there will always be ups and downs, but the next several years are poised to potentially be some of the largest that we have seen in cannabis thus far. HMPQ "ROCKET TIME"