Publisher's Synopsis
Legal marijuana is one of the fastest growing industries on the planet, and aspiring entrepreneurs are chomping at the bit to get in on the "green rush". However, while starting any new business can be challenging, starting one in an emerging field with a new and changing legal landscape can be downright daunting. Many people are finally allowed to legally grow their own supply of cannabis!Marijuana markets across the world are set to grow by dizzying levels over the next few years. But where in the world will the fastest growth be?Fortunately, the cannabis industry analysts at Arcview Market Research and BDS Analytics joined forces to answer this question. Arcview and BDS Analysts developed a cannabis market model that spanned the globe, estimating marijuana sales in 2017 and projecting what sales will be in 2022.Of course, some marijuana markets will grow tremendously and still be quite small. To keep these from skewing the results, I excluded any market that wouldn't have total marijuana sales by 2022 of at least $500 million. And because the U.S. has by far the biggest marijuana market, I included U.S. states individually while taking the total marijuana market for other countries. With all this said, here are the three fastest-growing marijuana markets in the world -- and the top stocks poised to profit from them.1. GermanyGermany should rank as the fastest-growing marijuana market of all over the next few years. The country legalized medical marijuana in 2017. However, Arcview and BDS Analytics estimate that marijuana sales in Germany last year totaled only around $9 million. By 2022, though, this figure is projected to skyrocket to close to $1.6 billion. That's an astounding increase of 17,678%. There are several reasons why Germany takes the top spot. The country claims the largest population in the European Union. It's easily the biggest marijuana market outside of North America. This book gives a complete account of all there is to know about MARIJUANA BUSINESS.
