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Marijuana Investments: Massive Growth or Massive Bubble?

Submitted by Marijuana News on Thu, 07/02/2015 - 08:45

In 2000, The New York Times labeled the dotcom bubble as a "euphoric" time characterized by the period's extreme highs and subsequent crashing lows. The short-lived hyper success of the internet startup age did not die in vain; the phenomenon fundamentally changed technological innovation, business models, investment mentalities and the global financial markets. Now in our post-recessionary age, experts are predicting that similar to internet startups, cannabis will be the next industry to rock the business, financial and investment worlds.

More than 14 million Americans consume marijuana on a regular basis. Legal marijuana sales totaled $2.3 billion in 2014 alone whereas the illegal marijuana market is said to produce more than $18 billion in revenue per year. If we momentarily put aside the legal controversy, the numbers alone reveal that regulated cannabis is a major potential market that remains largely untapped. Despite the federal...

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http://www.huffingtonpost.com/gregory-sichenzia/marijuana-investments-mas_b_7699878.html

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