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It's no secret that the cannabis markets in the United States and Canada are the largest in the world. Some estimates value the combined market at $35 billion in just a few short years.
While we're excited about the profit potential soaring up from these regions, there's a faster-growing market that deserves investor attention right now…
In just a couple of years, Latin America has stepped out from the shadows. Consumer demand is skyrocketing, labor is dirt cheap, and the geography offers the perfect growing conditions – an ideal combination for huge margins.
Revenue in the region is starting to ramp up as well. Legal sales in 2018 were around $125 million, but analysts expect this to explode 100-fold to $12.7 billion by 2028.
And we're seeing new evidence to support these estimates every day. Large cultivation operations are popping up. Deals are being signed to export Latin American cannabis to Europe and Canada.
But most importantly, the opportunities in Latin America are starting to capture the attention of the world's largest cannabis firms. Newer companies are even getting their operations up and running in these countries.
About the Author
Millions of Americans are hungry for information on cannabis investing. And for good reason…
Cannabis is the fastest-growing investment opportunity of all time. It represents a turning point for investors.
That’s what inspired the launch of The National Institute for Cannabis Investors – The Institute, or NICI, for short.
The Institute brings together the brightest minds in cannabis investing and research, all to give investors the information and guidance needed to make a fortune.
NICI is the most powerful cannabis-investing tool available to investors who want to achieve their dreams of financial freedom. You can learn more about how to get free access to their cannabis profit research here.