Meet the New Financial Lifeline for U.S. Pot Stocks
The future looks bright for marijuana stocks -- assuming they can make it there.
According to various Wall Street estimates, the global pot industry could generate between $50 billion and $200 billion in annual worldwide sales by 2030. With global revenue chiming in at $10.9 billion in 2018, this represents an insane amount of growth still to come.
In addition, with tens of billions of dollars exchanging hands each year in the black market, there's no doubt of the demand that exists for marijuana and derivative products.
Source Fool.com
