VIDEO: Marijuana's Rebound Year

 
Profit Trends

Marijuana's Rebound Year

Matthew Carr | Chief Trends Strategist | The Oxford Club

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In 2012, there were only two adult-use marijuana markets and 12 medical marijuana markets in the U.S.

Now, eight years later, there are a dozen adult-use markets and more than three dozen medical ones.

Even with the pandemic setbacks, the cannabis industry is growing like no other. And this November will likely produce another tailwind for the industry.

Five more states will vote on marijuana legalization measures, while the U.S. House of Representatives will vote on legislation that could remove cannabis from the Controlled Substances Act.

Despite the dumpster fire 2020 has been, it's been a rebound year for cannabis. And there's only more upside ahead.

To learn more about marijuana's comeback, click here.

Here's to high returns,

Matthew

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