This Pot Stock Is the Industry's Biggest Bargain -- and I Just Bought It
There are a number of high-growth industries that could make investors rich over the remainder of the decade, such as cloud-computing, cybersecurity, and artificial intelligence. But the industry that could literally and figuratively show investors the most green might well be cannabis.
Although sales estimates remain fluid, New Frontier Data is looking for U.S. weed revenue to grow by 21% annually through mid-decade. This would place U.S. pot sales at $41.5 billion by 2025. Meanwhile, cannabis analytics company BDSA forecasts Canadian marijuana sales of $6.4 billion by 2026, which would more than double the $2.6 billion in legalized weed revenue recognized in 2020.
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Source Fool.com
