We're here after a few years watching the industry build to $10 billion. In 5 years the various projections show it being $40 - $80 billion.
I can't really fathom how anyone can really project this stuff without knowing the legal status of cannabis in the USA and elsewhere.
Regardless of the prognosticators, cannabis is exploding and legislators are not going to be able to resist the lobbyist's money and tax revenues.
Investors who continue to sit on the sidelines, will be analogous to those who waited to invest in the tech boom until after 2000. There will be some explosive new companies, but the ones that will be giants in cannabis are already in the business.
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