These U.S. Pot Stocks Have the Most Open Dispensaries
Marijuana stocks might have slogged through some awful growing pains in 2019, but there's little doubt that a big-dollar opportunity awaits over the long run. After the industry generated $10.9 billion in worldwide sales in 2018, Wall Street projects that global yearly sales could grow by 400% to 1,800% by 2030.
What's important to understand from an investment perspective is that while Canada was the first industrialized country in the modern era to green-light recreational pot, the United States is the industry's crown jewel. Even with peak sales estimates all over the place, the consensus is that the U.S. will be responsible for anywhere from 33% to perhaps more than 50% of global weed sales by 2030. That makes it a market of high interest for marijuana stock investors.
While there are numerous ways for pot stocks to generate sales in the U.S., the most effective way to really ramp up revenue is to be a vertically integrated multistate operator (MSO). In layman's terms, we're talking about a company that's capable of controlling the seed-to-sale process within a recreationally legal or medical marijuana-legal state.
Source Fool.com
