Cannabis Industry BOOM!
This young industry that is just barely getting started is a boom for employment! The number of employees compared to other mainstream professions is rapidly taking shape, making this trend unstoppable.
It’s not legal for recreational use in over half the country. In California, it’s not even officially legal for another 6 months!
And yet this industry now has 165,000 to 230,000 full- and part-time workers in the U.S.
Cannabis-related businesses now employ more people than there are dental hygienists and bakers in the U.S. and will soon surpass the number of pharmacists and telemarketers.
The potential for further job growth is extremely high!
Medical use continues to rise, and recreational use is about to explode higher on January 1st.
California alone is expected to eventually bring in $5 billion in annual retail sales – this is more than all of the other currently legal states’ sales combined!
Like we said over the weekend, there is no turning back the clock on this space.
It’s leading to new Jobs, additional tax revenues, a healthier alternative to prescription pain medication and excessive alcohol consumption, and a massive cut in the cost to imprison people for marijuana possession.
We are all over this and will soon be releasing up to 5 stock suggestions for this space.
This is where we want to be, as the big generational profits will be in this industry.
So far, the only company we’ve profiled in the space is Lifestyle Delivery Systems (US: LDSYF & CSE: LDS). This is our core holding, and we highly recommend you take ownership and make an investment in this company in 2017.
In our opinion, this could easily become a billion-dollar-plus market cap company in 2018. It’s California-based, with a great product line and plenty of room for upside and expansion.
I recently toured their facility in southern California and will be releasing it with a cannabis special report next month.
Legal Notice: This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.
Never base any decision off of our emails. FutureMoneyTrends.com stock profiles are intended to be stock ideas, NOT recommendations. The ideas we present are high risk and you can lose your entire investment, we are not stock pickers, market timers, investment advisers, and you should not base any investment decision off our website, emails, videos, or anything we publish. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this profile was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. Never base any investment decision from information contained in our website or emails or any or our publications. Our report is not intended to be, nor should it be construed as an offer to buy or sell, or a solicitation of an offer to buy or sell securities, or as a recommendation to purchase anything. This publication may provide the addresses or contain hyperlinks to websites; we disclaim any responsibility for the content of any such other websites. We have been compensated by Lifestyle Delivery Systems five hundred and twenty five thousand dollars for a four month digital market agreement. Please use our site as a place to get ideas. Enjoy our videos and news analysis, but never make an investment decision off of anything we say. Please review our entire disclaimer at FutureMoneytrends.com.