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Editor's Note: Last week, we introduced you to the new executive director of The National Institute of Cannabis Investors, Don Yocham. As Don told The Institute's members, he's honored to help you navigate this booming market in his new role. So today, he's back to talk about all the profit opportunities he's seeing in the cannabis sector in 2020. Here's Don…
Together, we stand at the cusp of a truly unique opportunity. Never before have everyday investors had such early access to the birth of an entirely new industry.
And never before has a new industry emerged with well over 260 million customers already in place – spending nearly $350 billion a year in both legal and black market sales.
Compare that figure to the current $20 billion legal cannabis market and you can clearly see a wealth-building opportunity that has a lot of room to run.
At the pace that recreational use is getting legalized, that $20 billion market has to grow at 80% per year just to keep up.
Revenue surging at 80% per year for a brand-new industry is completely unprecedented.
It's a truly historic opportunity – and I get the pleasure of helping you make the most of it.
About the Author
25-year market veteran who has managed investors' money at firms with assets under management ranging from $250 million up to $16 billion.