Cannabis legalization was unimaginable just a few years ago. The idea that Canada, the United States, and other regions of the world would embrace marijuana legalization is a new and exciting idea, and it’s spreading at a breakneck pace.
The legal changes are ultimately due to changes in attitudes towards the plant itself, which have shifted from negative to positive in recent years:
Courtesy of Pew Research Center, Gallup
Support in the United States, which has traditionally been reluctant to embrace the legalization of marijuana, has reached a tipping point – the critical mass required to change cannabis laws.
Meanwhile, north of the border in Canada, full legalization is on a fast track due to more progressive and accommodative attitudes towards cannabis.
Sure, it’s a global phenomenon, but all eyes are on North America, where the tide is turning in the direction of full legalization and tens of billions of dollars are being spent each year.
In fact, the sheer magnitude of capital being spent on legal cannabis in North America is staggering and is increasing year after year, and will continue to do so:
Courtesy of marijuana.com
The statistics are convincing, but Crush the Street isn’t interested in just numbers; we want actionable investing strategies. That’s why our team of experts have scoured the markets for the best way to play the influx of legal cannabis capital, and what we came up with will amaze you: a company called Pure Global Cannabis Inc. (TSX-V:PURE).
This Canadian licensed producer of legal cannabis boasts a dedicated and passionate team of pharma-industry leaders, all dedicated to making Pure Global Cannabis the most trusted global cannabis brand.
I am fully convinced that this company will exceed all expectations and take the marijuana market by storm. By the first quarter of 2019, Pure Global Cannabis Inc. will have a stunning 41,000 square feet of growing space capable of producing a whopping 8,000 kilograms per year of 100% legal cannabis product.
Their facilities will include capabilities for vertical farming cultivation; cloning, vegetation and flowering; an extraction and distillation lab; order processing and packaging facilities; and an advanced analytical research and development laboratory.
Investing in Pure Global Cannabis Inc. is the ideal way, as we see it, to get into an industry with huge upside potential. For licensed producers – and of course, I would only invest in a cannabis-producing company that is fully licensed and approved by the government – the sky’s the limit when it comes to sales and profits.
It’s truly a record-setting time for Canadian licensed producers, and research shows that the direction is up, up, and away:
Courtesy of Ted Ohashi
2018 is undoubtedly the best year to take a position in a great company in the Canadian cannabis niche. Someday we’ll look back at this year as the one that the legalized marijuana market broke wide open, printing millions for savvy investors all over the world.