Factor in our depressed economy and the criminalization of marijuana use at federal level, and there is an eerily similar connection. Nearly 100 years after prohibition ended, we’re seeing history repeat itself with the economy needing a savior.
The sooner national legalization of marijuana occurs, the better. In fact, national legalization could result in $128.8 BILLION in tax revenue and produce an estimated 1.6 million new jobs[xxix]. Once national legalization is passed, marijuana sales will soar the way liquor sales shot sky high when prohibition was repealed.
In fact, we’ve already seen the scenario play out with Canada’s legalization. In just 7 short months, Canada’s cannabis sales soared 59.5% toppling $492 million total[xxx]. And nearly 6 months after legalization, Canada lined its pockets with C$186 million in tax revenues from cannabis sales[xxxi].
This year, they’re on track to hit $1.9 billion—that’s $4.97 million in sales per day[xxxii]
Whether or not it’s officially ruled ‘legal’ or is decriminalized, cannabis is already mainstream throughout the country… it’s here to stay regardless. In fact, by 2025, an estimated 46.57 million people will be consuming 34.39 million pounds of cannabis annually[xxxiii].
It’s why I’m urging investors to ride the wave of new and upcoming legalizations by investing in companies like New Leaf Ventures (NLVVF)… a company that’s proven they have the structural integrity and scalability in place to meet the growing demand once national legalization occurs.
New Leaf Ventures (NLVVF) has the deep understanding of the cannabis market to lead the pack in establishing control of the national and global markets once legalization advances. It has demonstrated the patience and knowhow to implement its U.S. market growth strategy and expand its e-commerce and distributor operations in a careful and efficient manner.
It’s why investors need to do their homework on the “tortoise of cannabis” now.
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM