The Hottest Opportunity in Cannabis Right Now
Cannabis is an industry that’s booming fast.
The cannabis market is expected to reach $73.6 billion by 2027, with total annual sales projected to hit $23 billion by 2025. The industry has also received more than $20 billion in investments over the past three years alone.
And creative cannabis entrepreneurs around the country have taken advantage of this growth… bringing with them the next potential breakthroughs that could change the industry for good.
Between just 2014 and 2018, the number of cannabis brands jumped over 15X, climbing from 166 to a whopping 2,650 brands.
These numbers are still rising… and I don’t expect the industry to slow down anytime soon.
However, the industry faces significant setbacks, driven by disjointed regulations on a state and federal level.
Eleven states have legalized cannabis recreationally, while 21 states have legalized it for medical use only. Cannabis remains fully illegal in eight states.
Because of these fragmented regulations, cannabis retailers across the country experience problems with compliance, advertising, digital payments, federal taxes, and more.
But more and more states are hopping on the cannabis bandwagon each year… and many people are anticipating significant changes to cannabis policy following the upcoming November election.
These evolving restrictions and regulations have opened the door for many creative minds to enter the cannabis space…
Meaning that getting in on the cannabis action right now, before it really explodes, could very well be one of the best investment decisions anyone could make.
We’re currently featuring one cannabis tech company on the Network: Drop Technologies, Inc. If you haven’t checked them out yet, I highly suggest you do. They’re working hard to ease some of the obstacles cannabis retailers face on a day-to-day basis with a simple-to-use retail platform.
The platform helps retailers safely – and compliantly – sell their products, while collecting payments, efficiently managing their supply chains, and streamlining product delivery to customers’ front doors.
And they’re succeeding, too.
As of today, Drop has raised over $286,000 in their current financing round. Their platform has completed over 42,000 deliveries with 96,000 registered customers and over $6 million in sales.
Here’s the thing, though…
Drop is one of many opportunities transforming the cannabis industry.
I’ve got my eye on another opportunity that could completely turn the recreational THC market on its head and dominate the trillion-dollar pharmaceutical market very soon.
And it all has to do with cannabinoids.
THC and CBD – the active compounds in cannabis – are two of the most common types of cannabinoids. But these two compounds are only the beginning…
There are over 100 different types of cannabinoids out there, each with their own distinct qualities and effects. And while THC and CBD are easy to access, the other 100 cannabinoids can do things that they simply cannot do.
I’m talking potential cancer and diabetes treatments, pain alleviation, sleep improvement, weight loss and more. They’re extraordinarily valuable.
But there’s a problem.
These cannabinoids are rare… so rare, in fact, that you’d have to grow miles and miles of cannabis just to produce a usable amount of them.
The only way to make them available on a wide scale would be to mass produce them, which hasn’t been a viable option… until now.
I recently got wind of an incredible development from a renowned biochemist at the University of California, Berkeley. He’s developed a way to bioengineer these rare cannabinoids fast and cheap, without growing a single cannabis plant… and he founded a tiny $4 company to get the job done.
With this type of potential market takeover comes an incredible wealth-building opportunity for folks like you. I encourage you to learn everything you can about it right now… because I don’t want you to miss out on what could be the next cannabis industry revolution.
Just click here to get all the information.
I’ll be back soon with another update.
Until next time,
Neil Patel