The Homegrown Cannabis Market is Rising

Ethan Andersen |

All signs point to the likelihood of the home grow market more than doubling this year, particularly due to new measures in Vermont and Massachusetts. We can expect homegrown cannabis to represent a major portion of the total market by 2021.




Increase in home grows– the popularity of growing weed at home is going to rise significantly in the coming year. We expect to see the home grow market more than double in 2018, in the wake of new recreational legalization measures in states like Vermont and Massachusetts, and a shifting focus to craft quality cannabis. If we model the home grow market after home brewing, which represents about 12 percent of beer production, we can expect homegrown cannabis to represent nearly $3 billion of the market by 2021. For more information, visit http://www.theblincgroup.com/

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

Lomiko Metals Inc.

Lomiko Metals Inc is an exploration stage company. It is engaged in the acquisition, exploration and development of resource properties. Its projects include Vines Lake project and Quatre - Milles…

Private Markets

Voleo

Voleo is a free download that allows you to form investment clubs with your friends, family, colleagues, classmates, teammates…basically anyone you know and trust. Invest and manage a stock portfolio…

iPRO Network, LLC

We provide the platform, tools, and resources to empower individuals and professionals to market desirable goods and services to the public, taking the place of traditional methods of commerce.