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Home Canada

GMP Says U.S. Cannabis Industry is as Large as Canada’s Will Be in 2022

Steven Lachard by Steven Lachard
July 24, 2018
in Canada, Investments, United States
GMP Says U.S. Cannabis Industry is as Large as Canada's Will Be in 2022

Photo by Brett Sayles on Pexels.com

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In a recently published research report, Robert Fagan, CFA from GMP Securities noted a “rare opportunity” in the U.S. cannabis industry.

Stating that the United States is the largest addressable cannabis market in the whole world, the brief report notes that at approximately $6 billion in sales currently, the marijuana industry in the United States is already as large as Canada’s will be in 2022.

GMP Securities U.S. Cannabis Industry Primer

While the first page embedded above gives a great overview, the full 22 page primer not only touches on all of the points supporting the investment thesis, but also key investment considerations like banking and taxation issues and more.

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Steven Lachard

Steven Lachard

Steven Lachard is a staff writer for MJobserver.com with a particular focus on marijuana stocks. Beyond MJobserver.com, Steven's pot stock insights have been featured on TalkMarkets.com and more.

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