This Was a Big Week for Weed, but the Future's Looking More Lucrative Than Ever

Our grandkids (no doubt flush with comfortable inheritances) may not ever realize that Wednesday, Oct. 17, 2018, was the day "everything changed."

That was, of course, the day recreational "adult use" sales of cannabis became legal in Canada – the world's 10th largest economy and the first G7 member to completely legalize the green stuff.

This was a historic moment and a massive profit catalyst for weed investors.

And in a way, "Green Wednesday" was the start of a high-profit journey, not the end. Because, to be clear, Canada's bold move is a key part of a growing global trend.

Soon, markets around the world, including the United States, will be opening up as the end of marijuana prohibition plays out over the next few years.

No wonder Grand View Research forecasts the global cannabis sector will be worth $146.4 billion by 2025. And Deloitte says the Canadian market alone could be worth $22.6 billion in the next several years.