Thursday, September 24, 2020 10:21:21 AM
and, just remember we're just getting started on the BILLIONS... so Cannabis may not be the investor flavor of the year right now, but it will change.
https://finance.yahoo.com/news/state-ballot-measures-to-legalize-cannabis-could-add-9-billion-to-us-marijuana-market-111548141.html
“The 2020 election could be one of the most consequential and historical events to change the landscape of the legal U.S cannabis industry,” New Frontier Data CEO Giadha DeCarcer said in a release. “With $9 billion in new revenue from 2022-2025, should all five states ballot measures pass, New Frontier Data estimates that revenues from all legal U.S. markets will reach $35.1B in 2025.”
I doubt they will all pass, maybe NJ. but with pandemic crushing state budgets and possible majority D senate maybe this map has a chance to fill in faster then we think, even with another 4 years of Trump-
https://finance.yahoo.com/news/state-ballot-measures-to-legalize-cannabis-could-add-9-billion-to-us-marijuana-market-111548141.html
“The 2020 election could be one of the most consequential and historical events to change the landscape of the legal U.S cannabis industry,” New Frontier Data CEO Giadha DeCarcer said in a release. “With $9 billion in new revenue from 2022-2025, should all five states ballot measures pass, New Frontier Data estimates that revenues from all legal U.S. markets will reach $35.1B in 2025.”
I doubt they will all pass, maybe NJ. but with pandemic crushing state budgets and possible majority D senate maybe this map has a chance to fill in faster then we think, even with another 4 years of Trump-
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
