Seke Ballard

Seke Ballard

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Is Large Cap Cannabis Stock Investing a Bubble That's Ready to Burst?

Posted by Seke Ballard on 6/11/19 9:48 AM

The gradual state-by-state fall of cannabis prohibition is proving to be a huge growth driver for the legalized industry.
Nationwide cannabis sales topped $10.4 billion in 2018 and are expected to grow to $16 billion by 2020. States that have legalized cannabis are experiencing robust job creation and large tax revenue windfalls. Moreover, the industry is hyper fragmented and no single operator has a dominant position.

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Topics: Investor, Cannabis

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