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Home 🌿 Marijuana Business News 🌿 Marijuana Stocks Will Rise Thanks to This Other $187 Billion Market 🌿

Marijuana Stocks Will Rise Thanks to This Other $187 Billion Market

Submitted by Marijuana News on Thu, 06/30/2016 - 08:54

It's time to start taking marijuana stocks seriously. That's because they're about to offer incredible profit potential thanks to the rapid growth of the legal pot industry.

According to ArcView Market Research, U.S. companies that sell legal marijuana will rake in $6.7 billion in sales by the end of 2016. That's a 25% increase from $5.36 billion last year.

But the industry's growth won't be the only thing that makes pot stocks a great investment in 2016. In fact, the marijuana market's intersection with this other high-growth market will drive the profitability of these marijuana companies for years to come.

Before we get into that market intersection, here are two reasons why the legal pot industry has seen such staggering growth – to a nearly $7 billion market – and why it's poised to hit nearly $22 billion by 2020…

2 Reasons Why Marijuana Stocks Will Become the Next Booming...

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