Cannabis and marijuana sector news alert :
www.Investorideas.com , www.420cannabisinvestorideas.com announce their campaign to find and create the 420 Cannabis Investor Ideas of 2017-
New Frontier Data, the authority in business intelligence for the cannabis industry, forecasts the legal cannabis market to grow to .1 billion by 2025 with a compound annual growth rate of 16%.
Their Cannabis Industry Annual Report: 2017 Legal Marijuana Outlook also found that if all the states which are currently legal continue their projected growth, they could generate .3 billion in state tax revenue from retail sales by 2020 and the U.S. Cannabis Market will Create 283,422 Jobs by 2020.
New Frontier Data: U.S. Cannabis Market Creates 283,422 Jobs by 2020
Washington – New Frontier Data, the authority in business intelligence for the cannabis industry, continues to find evidence demonstrating the legal cannabis is one of the fastest growing industries in the U.S., and examines its growth in its upcoming annual report, The Cannabis Industry Annual Report: 2017 Legal Marijuana Outlook. New Frontier Data projects that by 2020 the legal cannabis market will create more than a quarter million jobs for American workers.
“These numbers confirm that cannabis is a major economic driver and job creation engine for the U.S. economy,” said Giadha Aguirre De Carcer, Founder and CEO of New Frontier Data. “While we see a potential drop in total number of U.S. jobs created in 2017, as reported by Kiplinger, as well as an overall expected drop in GDP growth, the cannabis industry continues to be a positive contributing factor to growth at a time of potential decline. We expect the cannabis industry’s growth to be slowed down to some degree in the next 3 to 5 years, however with a projected total market sales to exceed billion by 2025, and the possibility of almost 300,000 jobs by 2020, it remains a positive economic force in the U.S.”
Canadian marijuana sales could top -billion within three years, according to recent data from Echelon Wealth
With all this money at stake its growth opportunity has been compared to the beginnings of the internet. But with all the opportunity comes the risk as well. The directory is meant to one of several tools investors can use as a go to resource to navigate the sector
Who can participate and list their company? A publicly traded company on any recognized stock exchange, a private company, a newsletter, equity research provider, technical trading site or any company or service that is participating in the exploding legal marijuana market – tell investors your story. The company must either provide an investor opportunity or resource for researching and learning more about the sector.
Investorideas.com will create a free directory accessible to all investors in a PDF format to use as an ongoing reference tool and available for a full year
Go to www.420cannabisinvestorideas.com and Investorideas.com to learn more
Investors are reminded to read all disclaimers and disclosures on Investorideas.com and are reminded that all investment involves risk
Disclaimer: This directory is not a recommendation to buy or sell securities or products or services Investorideas.com charges a fee for placement. The directory is not an endorsement or recommendation but meant to be an investor resource/ due diligence tool.
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Additional info regarding BC Residents and global Investors: Effective September 15 2008 – all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
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