As marijuana continues to expand the number of places where it is legal, some investors are excited about the profit potential for the cannabis industry. Total legal cannabis sales are expected to grow more than 16 percent a year and reach $51 billion in 2025, according to cannabis research firm New Frontier Data. Medical benefits and the growing use of products tied to cannabidiol, or CBD, make the cannabis industry ripe for continued growth.

While still illegal at the federal level, many states have moved to legalize marijuana in recent years, with the drug being fully legal in 18 states and Washington, D.C. as of 2022. California was the first state to legalize medical marijuana in 1996, while Colorado and Washington became the first states to legalize recreational use of the drug in 2012.

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The Best Time To Start Cannabis Plantation Business Is Now

Cannabis plantation provides a lot of profits to people and a huge number of them are investing in it at the moment. The biggest reason why people are attracted to it is that it is providing guaranteed returns in just a short duration. So, if you are confused about whether you should get in cannabis plantation business or not then you must go for it. It is the right thing to do given the present market conditions.

However, if you are confused about whether it is the right place for investment or not then we can help you. We have listed down a few reasons to go for it.

The cannabis market has been growing with each passing year. Because of legalization and medicinal uses, it is expected to grow even more in the coming years. So, if you are searching for an investment option that can provide you with long-term growth then nothing can be better than a cannabis plantation.

If you go through the revenues that companies have made from cannabis plantations in the past few years, you will be shocked. People are generating outstanding revenues from it and the revenues keep increasing with time. So, if you are searching for something that can provide great returns even during the pandemic situation then you must invest in a cannabis plantation.

The best part about investing in it is that you do not need to worry about anything. The company that you get plantations from will put in all the hard work for growing the plants. So, you can just wait till your plants harvest and the harvest is sold. After that, you can enjoy the revenues that you generate from it.

One of the best companies that can help you in cannabis plantation investment is Canterramanagementllc . You can start earning by investing in a lifetime grow space in their plantation. You can find all the information about their plantation on their website. It is suitable for everyone and they maintain 100% transparency throughout the process. You can buy an indoor plant or an outdoor plant according to your wish. You can also sell your harvest using their platform which makes it even more convenient, seamless, easy, and hassle-free for the buyers.

Fast facts on the growth of the cannabis industry:

  • Global legal cannabis sales are expected to reach $51 billion in 2025, according to New Frontier Data.
  • Total illegal global cannabis sales are expected to reach $445.3 billion in 2025, according to New Frontier Data.
  • In 2022, total legal cannabis sales for medical use is estimated to be $14.7 billion globally. Legal cannabis sales for adult use are estimated to be $22 billion globally.
  • In a 2021 poll, 68 percent of Americans supported legalizing marijuana, according to Gallup, matching a record-high reached in 2020.
  • 37 states and the District of Columbia allow for medical marijuana use, according to the National Conference of State Legislatures. Of those, 18 states and the District of Columbia allow non-medical use.

Mind-Blowing Reasons to Start Your Cannabis Plantation Business

Today people are venturing into different industries just intending to earn maximum profits. But one industry that has not been explored as much yet is the cannabis plantation industry. This industry is still starting, and one can benefit greatly by commencing their plantation business.

A Boom in the European Cannabis Market

The European cannabis market has been growing every year. However, in recent years, it has seen a lot of growth. This means that if you venture into cannabis plantation business right now, you will easily generate lots of revenue. This will prove to be very beneficial for you. So, try your luck today instead of waiting until this industry becomes as popular as all the others .

A lot of people refrain from entering the plantation business because they do not know how they will earn so much profit from it. But the reality is that an ultramodern plant cultivation system is in use today. This means that the plants will be cultivated in the best way possible. So, no such risks will be involved if one invests in a cannabis plantation. Therefore, it becomes easier for people from all walks of life to invest in it.

Great Marketing Plan

If you work with a reputed organization, they will have a great marketing plan in place. This means that you will not have to do anything to sell your cannabis. Instead, they will complete everything with utmost ease and perfection because of their marketing plan. These organizations have a standardized plan of action. They know whom to contact for any particular requirement. Therefore, they can easily get the work done without any issues. If you wish to know about the various steps involved.

If you work with a trusted organization, they will be 100% transparent with you throughout the process. They will inform you about the plantation from time to time. Because of this, you will not feel left out and will also not be forced to do a lot to run this business. Therefore, a lot of people have established this business as their side hustle. This way, they can focus on their mainstream income while earning money from the industrial hemp growing business plan.

Canterramanagementllc marijuana graphic

Cannabis stocks

One way to participate in the cannabis industry is by purchasing the stock of companies with ties to marijuana. Cresco Labs (CRLBF) is involved in growing, manufacturing and distributing cannabis-related products for consumers and currently operates in 10 states. But potential investors should be aware that the company failed to generate net income for shareholders in each of the past three years. The stock trades over-the-counter, or OTC, which means it will be less liquid than major stocks that trade on large exchanges.

Tilray (TLRY) is another company that sells consumer products related to cannabis as well as hemp-based foods and alcoholic beverages. The company, which trades on the Nasdaq, has a current market value of about $2.3 billion, but generated a net loss in each of its last three fiscal years.

Curaleaf Holdings (CURLF) and Green Thumb Industries (GTII.CN) are two other stocks in the cannabis industry that are relatively large, with each carrying market values around $4 billion, but Curaleaf trades OTC and Green Thumb trades in Canada.

The best thing about this cannabis investment is that it’s on the boom right now and it’s providing high returns to all kinds of investors. So, whether you are a low stake investor or a high-profile investor, you can invest in this. However, if you are looking for cannabis plantation business , let us enlighten you about the reasons to go for it:

  • There has been a consistent growth in the cannabis growing market over the last 5 years. This is the market that continued to be on the rise during the pandemic as well. And due to the kind of stressful times we are experiencing right now, the demand for cannabis-based medicinal products has increased.
  • Because of widespread legalization throughout the world, the production of cannabis products has risen exponentially. New kinds of cannabis markets are coming into the picture. New strategies for investments are being developed by various new companies these days. So, it’s best to invest in cannabis now before it’s too late.
  • Another important advantage of investing in cannabis is that you don’t have to worry about its legal aspects. Everything is considered and taken care of by the company. So, considering the legal aspects of it, everything is safe and covered. Even if cannabis isn’t legal in your country, you can invest in canterramanagementllc.
  • Another feature that canterramanagementllc companies provide is their services. An honest and reliable investing platform allows you to take everything about your order. It’s suitable for everyone as they maintain total transparency throughout the project.

If you are looking for a recommendation, Canterramanagementllc is a great place to invest in cannabis plantation. By purchasing a dedicated lot of plants in their business, you can begin earning immediately. Their website has all of the information regarding their plantation. You can purchase an indoor plant, an outdoor plant, or goods based on your preferences. You can also sell your crop through their platform, making it even more straightforward, frictionless, simple, and hassle-free for purchasers.

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Bottom line

The cannabis industry is likely to continue to grow in the coming years and investors may look to benefit from that growth through stock ownership or ETFs that track the industry.