When we talk about the fastest growing cannabis industry in the US, it is easier to consider the numbers regarding the cultivation and production of the plants. It can be easily estimated tones of cannabis produced along with its quality. Also, the dispensaries where they can be sold. However, it is more enticing to consider the above factors when we got to know that the legal sales of cannabis in the US have crossed over $10 billion in 2018 alone.
Investors have never been faced with a market which is so wide open while the market is in its infancy. We know the market in Canada and the United States will multiply by at least five times, and perhaps by 10 times or more. That is going to create many stock market successes. Picking who will finish first in this very quickly maturing group… that’s extraordinarily difficult. The market has already recognized one group of winners. We’re talking about the biggest Canadian producers… those who “planted their flag” not only in the Canadian market, but in the developing European medical Cannabis market. I am convinced that those companies able to establish reputable, reliable, recognizable brands will be the second, and bigger, set of winners—and most investors have not yet come to this realization. That creates an opportunity to make colossally sized gains from a new set of stocks. Brands will be so important because they’ve always been important to consumers. When a consumer goes to buy orange juice, he or she might have an idea of the varietal in mind… the part of the world he or she is looking to have juice from… but most likely something that is a known brand. Maybe it’ll be low to medium priced juice. And as our consumer moves up the value chain, brands become even more important. That brand is what tells consumers what to expect from the product. At the very high end, the way people plan their Investor’s Report to Cannabis is no different. People will want different types, or at least different effects. But they will come to depend on brands to tell them what to expect, rather than having to become a Cannabis guru. The companies that realize the importance of branding and have chosen to build their brand where consumers are choosiest of all: Medical Cannabis. Consumers who currently have to ask their doctors or quiz overworked retail associates at a dispensary to find the right mix of THC and CBD can count on their brand to get exactly what they want every time they buy.
Around a year ago, my friend and I decided we wanted to launch a business in the CBD industry. For a few months, we looked at different products we could launch, but found that there were a lot of companies all selling essentially the same thing with little difference other than the name.
I own a new, successful beauty business called GLAUX CHEM® that has two essential and natural ingredients in all of our products: hemp seed oil and pomegranate seed oil.
What was once difficult and sometimes dangerous is now easy, fast, and safe thanks to cannabis delivery technology and the service providers pioneering how consumers get marijuana products delivered to them at home.
Medical Cannabis in California is not a new thing at all. Preferably, California has served as the basis for other states in the United States to proactively decriminalize marijuana for medicinal use. Acknowledging the progressive medical marijuana program in California, more and more citizens are starting to understand how many practical medical applications California offers. For patients who are on a medication, they will have an alternative option that many find to offer the relief that they are seeking, but void of side effects, unfavorable reactions or interactions that are common with many prescription drugs.
Many people are intrigued by this new, yet old industry. How can I be involved?
Published 7 months ago
Whether you fancy yourself a cannabis connoisseur, or just enjoy traveling around the world and toking up with locals—we’ve put together the ultimate list of countries to visit for marijuana tourism.
The cannabis industry is booming right now as people are recognizing and embracing the positive effects of CBD to improve their overall health and wellbeing. There are hundreds of testimonials stating how ingesting CBD has helped with anxiety, chronic pain, inflammation, sleep and a myriad of other issues. Whenever there is a lot of demand for a certain product, companies start sprouting up to meet it. In an industry that is not yet supported by the federal government, a lot of misinformation and less-than-stellar products can end up out in the marketplace too.
In 2018, the cannabis industry grew to $10.4 billion, and it is poised to get even bigger in 2019. Those numbers should make any entrepreneur salivate, and if you’re one of the folks who jumped on the cannabis bandwagon, you want to be sure that your investment tracks with that phenomenal growth.
It is indispensable for players in the cannabis sector to know that the largest cannabis companies are Aphria Inc., Aurora Cannabis Inc., Cronos Group Inc., GW Pharmaceuticals PLC, and Tilray Inc.