While California is beginning to get its act together and reap the benefits of its multibillion-dollar marijuana market, Nevada's regulation and taxes have been squared away for years now.
And because of this, the state is in the process of growing its marijuana market more than 690% from 2017's $103 million to $814 million by 2025.
This insane level of growth makes Nevada a global marijuana powerhouse. And this is a huge boon for the best marijuana stocks to invest in.
by Greg Miller
California and Nevada are southwestern next-door neighbors of course, and both are big legal "adult use" cannabis markets.
But for now, that's where the similarities end.
We've talked before about the botched job of patchwork cannabis regulations holding back California's multibillion-dollar potential; we've talked about one company that could send revenue there surging 50%, too.
Happily, the Golden State is straightening up its act and should reap massive "catch-up" benefits in relatively short order.
The Silver State, on the other hand, did regulation and taxation right (read that as "comprehensively" and "lower than California") the first time around, and as such, marijuana sales there are expected to soar 690%, from $103 million in 2017 to $814 million by 2025.
For my money, this makes Nevada the most important cannabis market in the world. This is no hunch, either; two transactions over the past few weeks have basically borne out my statement and validated the extreme value in the Nevada market.
This is something investors will want to get in on, and for now, it's easy to do… Full Story
This is something investors will want to get in on, and for now, it's easy to do... Full Story
