5 Reasons the Marijuana Black Market Won’t Go Away
Illicit pot production continues to dominate legal weed sales, even with Canada and select states legalizing cannabis.
Cannabis has been anointed by Wall Street as one of the fastest-growing industries on the planet. After sales more than tripled worldwide between 2014 and 2018, Wall Street has forecast a roughly five-fold to 18-fold increase in global annual revenue by the time 2030 rolls around. This type of growth is impossible for Wall Street and investors to ignore, which is a big reason pot stocks have been all the rage.
5 REASONS
- Supply issues in Canada
- Tax issues in select U.S. states
- A slow dispensary approval process throughout North America
- Jurisdiction problems in select U.S. states
- Regulatory enforcement has been spotty
