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Staying ahead of the curve is how you make the most money in the stock market, which is why we're eyeing the explosive new cannabis delivery sector. In 2016, 44% of medical marijuana users in the United States regularly used a delivery company to buy cannabis, according to Statista.com.
And by 2020, cannabis delivery start-up Eaze Solutions Inc. plans to sell $1 billion worth of marijuana per year.
Savvy investors who know marijuana use is more than just a trend have cleaned up on marijuana stocks over the last year. Take a look at these massive returns...
Cronos Group Inc. (NASDAQ: CRON): +291.13%
Canopy Growth Corp. (NYSE: CGC): +359.28%
Tilray Inc. (NASDAQ: TLRY): +525.28%
But if you missed out on these blockbuster gains, that's okay.
Today, thanks to my exclusive contacts in the marijuana industry, I'm going to share with Money Morning readers the inside scoop on cannabis delivery services.
Right now, there aren't any publicly traded cannabis delivery companies.
But like we've seen with Cronos, Canopy, and Tilray, those who know the right IPOs to invest in make the biggest profits....
Cannabis Delivery Is the Next Big Segment in the Marijuana Market
I reached out to executives in the marijuana industry who know the ins and outs of the business.
Their foresight could help you uncover your next triple-digit returns...
The first expert I spoke with is Jamie Schau.
Schau is the Senior Analyst at the Brightfield Group, a cannabis-focused market research firm providing accurate and comprehensive consumer, brand, and market insights in the industry.
The next marijuana expert I spoke with believes state regulations need to be finalized on how cannabis delivery services can operate before we see delivery companies go public.
But with marijuana legalization a key issue leading into the 2020 elections, we could see full medical legalization sooner than most people think.
The 4 Cannabis Stocks to Buy Now: Profits of Up to 1,000% Could Be Likely This Election Year!
He says once delivery regulations are ironed out, we could see companies start to go public...
Like Ralston, the next expert believes laws across the country and regulations still need to be finalized before we see public offerings. But once that happens, he sees marijuana delivery services as an integral segment of the cannabis industry...
Mitch Britten is the CEO of Thrive Cannabis Marketplaces, which is centered on providing Nevada customers with safe affordable access to high quality cannabis in a welcoming environment.
Finally, our last expert believes cannabis delivery services will be an explosive growth category.
Leslie Bocskor is the CEO of Electrum Partners, an advisory services firm specializing in medical and recreational cannabis and ancillary businesses.