Why is right now the best time to invest in cannabis?

The best time to invest in cannabis is right now. 

The cannabis sector is a proven multibillion-dollar industry taking shape right in front of us. It’s now medically legal in 41 states and decriminalized for adult use in 23 states. It’s only a matter of time before cannabis is federally legal.

Ten years ago, when the first states began to legalize, these state governments were scrambling to write regulations. The market was like the “wild west.” But now, with stricter compliance guidelines and increased competition, we’re starting to see real differentiation between mature companies positioned for national expansion and those still struggling to survive. This is all good news for investors trying to make safer and smarter investments. 

It’s taken time for the industry to develop, but now it’s here to stay with vast opportunities for expansion and roll-ups. 

Here’s why: 

• Cannabis sales continue to rise year over year   

• The industry is still mostly small companies and brands ripe for expansion or acquisition

• Federal policies are still holding back big banks and major investors from taking over the sector 

• The market is developing state by state, creating opportunities for strategically positioned companies to expand nationally when federal legalization hits

• Government revenues from cannabis are at record highs meaning they’re now incentivized to help the legal market outperform the illegal market

When cannabis is legalized federally, the companies that will make money are the ones that are ready to compete with or be purchased by super investors and giant corporations. Cocannco only invests in companies we believe can be in that top 1%.

Even without the inevitability of federal legalization, it’s a prime time to invest in cannabis.

Ready to learn more about investing with Cocannco? 

Schedule a call here to talk with one of our representatives.