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Investors: This Sector Grew 351% in 2016 But New Laws in 2018 Could Trigger a Breakout

Ryan Allway

October 9th, 2017

Uncategorized

Imagine a brand-new industry that’s projected to grow at a 23.6% annual growth rate to $50 billion by 2026, making it larger than craft beer, chocolate, wine, and organic foods in terms of size. Nearly half of the U.S. population (43%) has used its products within the past year, while 13% of the population uses its products on a daily basis. And, the industry will create more jobs than manufacturing, utilities, or the government over the coming years.

The industry isn’t limited to just the United States, either. The entire world has embraced this new industry, while countries that supported it early have already minted $1+ billion public companies. Multinational companies have already started to form after just a couple years, which has created a narrow window of opportunity for investors to capitalize on the early momentum and invest in the sector on the ground floor.

Next year, new laws are changing in the largest US state and the entire country of Canada that will trigger the explosive growth in this industry.

That’s exactly what many prominent investors are already doing. Silicon Valley venture firm Benchmark Capital – who invested in Uber, Twitter, Snapchat, and Instagram – invested $8 million in startups targeting this new industry and Peter Thiel’s Privateer Holdings has already raised more than $40 million to deploy. Meanwhile, celebrities like Snoop Dog have started developing brands within the industry to profit from its rise.

Currently, there are about 300 publicly traded companies in the industry with market capitalizations ranging from $2.6 billion to micro-caps. Start-ups are also raising private capital before going public, which has provided accredited investors with a unique opportunity to profit. Others are pursuing crowdfunding campaigns that enable any investor to participate in the industry’s rise by investing in small startups.

If you want to learn more about this industry, sign-up for more information and you’ll receive a complete overview along with a list of opportunities in the space.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

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About CFN Media Group

CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.

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