Billionaires Warren Buffett, George Soros and Peter Thiel have all staked their claim to the legal cannabi market, with good reason.
Billionaire Warren Buffett
Regarded as the most successful investor of all time, has invested in ancillary products to the Canna-Industry through a Berkshire Hathaway subsidiary.
Billionaire George Soros
A main supporter of the cannabi movement says “Legal Mary-Jane is no longer a pipe dream: It’s an investment,” “I think that we are going to see the next wave of investors in 2018.”
The billionaire co-founder of PayPal, is investing millions in several Canna-Companies, including Canadian medical grower and distributor Tilray, which has 4,000 customers and is on pace to have $25 million in sales.
1,308% Projected Market Growth
Cannabi is the largest cash crop in the United States, bigger than corn, bigger than cotton, and bigger than wheat. According to UN data, it’s valued at about $142 billion.
The global coffee market — one of the most valuable commodities on the planet — is valued at about $80 billion per year. Cowen Market Research predicts Canna-Industry hitting $50 billion by 2026 and investment bank Ackrell Capital predicts $100 billion by 2029 or 1,308% growth.
I can tell you: Cannba-Industry is the next big thing. Nothing on Earth today – and I mean nothing – is growing as fast as this market. My research tells me Canna-Products will be theworld’s #1 industry.
5-Year Growth in $5 Billion-Plus-Industries
Very few consumer industry categories reach $5 billion in annual spending and then post anything like 25% compound annual growth across the following five years. Cable television grew 19% annually in the 80’s. Broadband internet grew 29% per annum in the early 2000s, while the home video business grew at 12% after reaching $5 billion in revenue in 88’.
34% compound annual growth rate from 2014 to 2016 was driven primarily by Colorado and Washington initiating adult-use sales, but more is expected, beginning in 2018, when California opens up. (Source: GWA estimates)
Never Before in History has this Phenomenon Existed
It is estimated that over 30 million Americans use the “green stuff” every year. In fact, the Canna-Business is already a $100 billion industry.
This enormous amount of illicit consumer spending sets cannabi apart from most other major consumer-market investment opportunities throughout history. In contrast to comparable markets which quickly grew from zero to tens of billions of dollars, such as organic foods, home video, cell phone, or the internet, the Canna-Industry doesn’t need to create demand for a new product through marketing and innovation – it just needs to move demand for an already widely popular product into legal channels.
Harborside Medical MJ Dispensary in Oakland sells more than $25 million worth of Canna-Products per year.
A former Subway franchisee, bankrupt in 2009, expects to produce revenues in excess of $250M by 2018
Now Is The Time To Get Into The Cannabi Sector
California the Goliath: The biggest political win for the industry came in 2016 when Californians overwhelmingly voted to make adult Cannabi use legal. California, the goliath of the Canna-Market and the world’s sixth-largest economy, is home to 12% of Americans.
California is expected to triple the size of the U.S. legal Canna-Market when the state begins issuing licenses in 2018. According the MJ Business Daily, “Once California legalizes the Wacky Tobacky, the retail sales will surpass the entire U.S. medical and recreational sales market that now exists.”
Long term, California will be the USA’s largest legal producer, consumer, and exporter of MaryJane and we see the most long-term value in building infrastructure and consumer loyalty in California. Short term, we believe California has the least competition for professional, experienced organizations like the one that we have identified here. In fact it has been reported that there are a shortage of dispensaries in California. California is not yet saturated with the first stage of institutional capital nor excessive competition in the marketplace. As a result, companies that enter now can reap the highest possible returns.