… the best 21st Century Investment Opportunity.
Marijuana is a categorically massive investment story. Not since the end of alcohol prohibition in 1933 has such an investment opportunity is available. Based on the Subjective Probability Model – SPM, marijuana rates number three as the fastest growing industries in the world. North American marijuana sales increased by 30% to $6.7 billion last year. That gain has not be achieved since the success of Ford’s Model T, better known as the “Tin Lizzie,” which on October 1, 1908, changed the way Americans live, work and travel.
Considering federal laws prohibiting the sale of marijuana, it’s still a $10 billion industry. With every new legalization milestone - that revenue stream grows. Case in points: When Nevada’s legalization it for recreational sales last year, $27 million worth of pot was sold in the first month; Expectations are so high, projected revenue tax for the lowly weed might generate 35% of total tax revenue for the state.
California has $2 billion in pot sales per year from the medical marijuana market alone. California legalized recreational use this year. With 39 million people, it’s the most populous state in the union and 61 percent larger population than Nevada. California has the 6th largest economy in the world at $2.5 trillion with GDP near the U.K. and slightly ahead of France.
With their new pot laws in place - that number is expected to grow 10-fold to $20 billion per year. It projects to be the most significant marijuana market in North America. Potentially more significant than all states combined, it legal pot market is a $20 billion per year enterprise. The entire video game industry in the U.S. is worth just $23.5 billion. In only a few years, Golden State weed could eclipse them outright. And, that doesn’t even consider the tourism factor. Every year “wine tourists” flock to California, spending around $7.2 billion a year visiting places like Napa Valley. You can buy wine anywhere, and marijuana has stepped in to garner the same consumer group.
By 2020, 85% of the states in the U.S. will have a form of legalized marijuana on their books. The result will cause the federal government to legalize it for use by all adults over the age of 21.