Marijuana legalization is on the rise… Leaning into this blooming industry now could score you smoking profits.
Election Day saw nine states casting ballots on legal marijuana, some for recreational use, some for medicinal purposes. Most voted in favor, bringing the number of U.S. states allowing medical weed to 29 when you include Washington, D.C.
It appears to be only a matter of time until cannabinoids—known to control inflammation without the nasty side effects of other non-steroidal anti-inflammatory drugs—become legal throughout the country.
This presents an attractive opportunity for investors to jump into a budding cannabis industry that could rake in $22 billion by the year 2020.
Here are 5 movers and shakers in the medicinal pot arena that all currently offer such drugs or have products in development.