Eyecity.com Inc (ICTY)

[ADVFN_curncman]

Right now, a massive green wave is sweeping across the U.S.

The change in the guard is expected to be a catalyst for the US cannabis industry and the sector has recently been surging to upside. When you combine an administration that has a more favorable view on the cannabis industry with the passing of medical and recreational cannabis legislation in several new states.


As more states opt to legalize recreational and medical cannabis, people all across the country have called for legalization in other states and at the federal level. After Montana, Arizona, New Jersey, and South Dakota voters chose to legalize adult use cannabis on Election Day, other leaders (including Virginia Governor Ralph Northam) have indicated their intent to introduce legalization legislation in the near future. Over the next decade, the U.S. cannabis market will likely grow at a rate of 20% or more, and may be worth as much as $100 billion if the drug is fully legalized at the federal level.

Such a market opportunity has attracted significant interest from investors, especially after the 2020 election. Recently Cannadevco , a cannabis grower based out of Florida has the most potential to make investors wealthy in the coming days.

Cannadevco hopes to sell its product to CBD companies that are into making of cannabis-derived capsules, tinctures, gummies, pet CBD, and topical pharmaceutical creams.


This new player in the cannabis industry is poised to reap the benefits from a fast-growing U.S. CBD industry, which will likely grow from $1.2 billion last year to $16 billion by 2025. In addition, the company has no debt whatsoever giving it ample liquidity for expansion efforts with possible merger with highly profitable BIG company with lots of revenues.