The market for legal marijuana continues to expand. In only 10 years, the legislative trend has brought medical and recreational marijuana to several states and the District of Columbia. Conversations surrounding legalizing marijuana on the federal level continue. With the passage of the Cannabis Act in 2018, it's now legal in Canada. Mexico's Supreme Court made private and recreational use legal, and there's movement throughout Europe. As a result of these developments, companies within the space are poised to take off.
As more states and countries get aboard, it's expected that the global legal marijuana market size will reach $102.2 billion by 2030.
Despite the explosive growth of this space, only a few growers, pharmaceuticals, financial firms, suppliers - both established and start-ups - are the true innovators and offer the most profit potential.
Today is the time to get in on Zacks Marijuana Innovators.
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Stock Strategist Ben Rains helms the Marijuana Innovators trading service, searching for the latest strategies to expose investors to the growing legal market in the U.S. and beyond. He tailors his investments toward what's next, because national and global developments are coming fast in this industry.
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