Economics of Pot: The Problems With Investing in Marijuana
As more states consider legalizing marijuana for recreational use, forward-thinking investors are wondering how to profit.
There is a lot of money to be made from cannabis.
Marijuana retail sales rose to $4.8 billion last year from $3.4 billion in 2014 and could hit $25 billion by 2020, according to U.S. News & World Report.
As marijuana becomes more socially acceptable and companies find new ways to manufacture cannabis and THC products, investors have every reason to look at the booming marijuana industry.
But there are massive problems with investing in marijuana.
Although the legal issues with investing in a federally banned drug are obvious, that is just the tip of the iceberg. There are serious financial concerns related to investing in marijuana companies, and the market represents wild speculation at its worst.
Investors have every reason to be interested in what could be one of...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
Follow us on Instagram
Connect with us on Linkedin