The world was a very different place in our parents’ and grandparents’ generations. 30 years ago, less than one-fourth of Americans supported the legalization of marijuana; 20 years ago, this figure rose to 30%; a decade ago, the number was up to 40%. And now, that number has jumped to over 60% as America has embraced the world’s most fascinating plant.
The economic implications of this will amaze you when you see the numbers: conservative estimates predict that the American medical marijuana industry will reach $14 billion by 2025 and will hit $24 billion when you include both medical and adult recreational marijuana.
But it’s not limited to America, as the European cannabis market is projected to hit $4 billion by 2021; worldwide, the figure is estimated at $60 billion by that same year. The growth of the cannabis market is staggering, with the total investment capital raised for cannabis companies increasing from $218 million to $1.5 billion in just one year.
It’s a bonanza for small cannabis companies, with big money chasing them and the average deal size being $18.7 million. This year, beverage giant Constellation Brands invested a whopping $4 billion into Canopy Growth Corp., whose investors celebrated when the share price rose by over 30%.
Courtesy: Yahoo Finance
Much of the media’s focus has been on the expansion of pro-legalization policies in the United States, which is understandable because of the huge victories that took place this year: in November of 2018, Utah and Missouri voted to legalize medical marijuana (raising the number of U.S. states with legal cannabis to 33), while Michigan became the 10th state to legalize recreational marijuana.
The age of prohibition is coming to an end, and it’s a worldwide phenomenon. After several years of planning, Uruguay launched legal sales of marijuana in 2017; in Canada, adults are now allowed to buy, use, and possess up to 30 grams, and can even grow their own recreational marijuana under the Cannabis Act.
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The global legalization of marijuana is a matter of when, not if. When fully legalized, the market could easily surpass the $1.5 trillion alcoholic beverage market, which is on the decline while legal cannabis sales are quickly rising.
Over 25 countries are exploring legalizing cannabis, and the number is multiplying. Now is the time to get in on this trend because it is inevitable: cannabis stock investors couldn’t ask for a better position than to start the new year off with huge gains in the global cannabis industry.
That’s why we’re super excited to bring you our top cannabis stock pick for 2019: ICC International Cannabis Corp. (CSE:WRLD, OTC:KNHBF), a company that specializes in the acquisition and operation of cannabis assets worldwide. This is a vertically integrated cannabis company that’s fully devoted to founding a global benchmark for the expanding international cannabis community.
Courtesy of International Cannabis Corp. Investor Presentation
We really couldn’t ask for a more geographically diversified cannabis company than ICC, which has agreements in place for European-based pharmaceutical distribution, wholesale importation, research, and development, as well as working interests in industrial hemp licenses in Greece, licenses to cultivate, produce, distribute, store, and export cannabis and cannabis derivatives in Colombia, the Kingdom of Lesotho, Africa, and Denmark.
With 110 clients representing approximately 35,000 pharmacies in 16 countries, it’s easy to see how ICC will grow alongside the multibillion-dollar global industry as legalization takes hold in new regions, opening the floodgates to untapped consumer markets that are eager to enjoy the benefits of medical and recreational cannabis.
Across multiple continents, International Cannabis Corp.’s holdings put the company front and center in this highly lucrative market. These holdings include 16 acres of fertile land for agricultural cultivation and CBD extraction in Greece; 55,000 square feet of fully compliant greenhouse facilities to be constructed in Denmark; and 13 hectares of optimal land for cultivation in Colombia.
Through their international holdings, ICC is designing, developing, and producing the world’s most innovative and best performing cannabis products and facilities today. Get ready to ride the bull market to untold riches in 2019 with International Cannabis Corp. and shares of WRLD/KNHBF, easily the best investment we’ve seen in legalized marijuana.
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Projections relating to gross mining margins outlined above are subject to the assumptions set out therein, including future cryptocurrency prices, which are based upon management’s best estimates but are inherently speculative and there is no guarantee that such assumptions or estimates will prove to be correct.
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