Why are you making money for the marijuana industry? When is the best time to shoot?

The marijuana market has become a "land of struggle" between countries since its inception. Its speed of development has greatly exceeded expectations. By 2025, the cannabis market will expand at a compound annual growth rate of 23.9%, and by 2028. The global cannabis market will reach $272 billion.

After reading this set of data, what do you think?

To give one of the simplest examples: Dr. Ph.D. planted a piece of dandelion on Monday, covering an area of ​​about 10 m2. Two months later, the dandelion grew up and its seeds were blown away from the mother by the wind, and now covers an area of ​​about 1000 m2.

how about it? Dr.'s development of this dandelion has almost doubled in two months, and the rate of cannabis market development is comparable to that of Dr.'s dandelion expansion. Isn't it obvious that the data changes?

In fact, whether you agree with marijuana or recognize the development of the marijuana market, the value of its creation is absolutely undeniable.

Next, this “stimulus of the cannabis market” will continue throughout the article, please be mentally prepared, it is coming.

NO.1@ Hemp "Future Forecast for Cannabis Industry"

As the marijuana has become legalized in various countries, the cannabis market has continued to expand. In 2018, investors invested $10 billion in the legal cannabis industry in North America, but the funds invested three years ago were only $5 billion. According to Whitney, senior economist and vice president of analyst firm New Frontier Data Beau Whitney, in 2019, investors will invest more than $16 billion in the industry.

At the same time, more and more countries are beginning to adopt cannabis as a medical product for the treatment of diseases. With the increase in medical cannabis products, it is expected that the total income of the cannabis market will increase rapidly in the next few years .

The legalization of medical cannabis has also become the main reason for the rapid development of the cannabis market.

According to statistics, in 2018, medical marijuana accounted for 70.3% of the cannabis market share.

At present, due to the increasing number of patients suffering from chronic pain, the global demand for effective treatment of pain and the demand for products is increasing, which means that cannabis as an effective painkiller will be robbed by various countries. This will promote the further legalization of cannabis in various countries . Similarly, the high prevalence of cancer will also be one of the factors driving demand for cannabis.

At the same time, in order to ensure the rational use of marijuana, governments have also indicated that they will strictly classify medical marijuana as a drug prescribed by doctors. The distribution is managed by the government, so suppliers must implement mandatory quality control of the products. As the number of countries where medical marijuana and its applications are legalized continues to increase, the legal cannabis market will also see strong growth in the coming years.

As for entertainment cannabis, industry insiders will also be one of the factors that will help the rapid expansion of the cannabis market.

At present, in many countries where medical marijuana is legal, the use of cannabis for entertainment purposes is still illegal. Few countries like Canada, Uruguay, Colombia and the United States legalize recreational marijuana , but the legalization of recreational marijuana has indirectly increased Cannabis uses the choice of the person in need.

In countries where recreational marijuana is legalized in Canada and the United States, the market has seen patients choose to use recreational marijuana instead of medical marijuana, which can be attributed to the availability of recreational marijuana, a wide variety and low prices, of course. It can also be said that the current cost of medical cannabis is high, and the economic level of many patients cannot be purchased.

However, this situation is expected to be alleviated as the government gradually introduces various domestic medical cannabis programs and the cultivation and distribution of cannabis products.

After all, the use of recreational cannabis in countries around the world is strictly controlled.

NO.2@ Hemp "Medical Cannabis Market Forecast"

According to the use of medical cannabis in recent years, the medical cannabis market can be broadly divided into chronic pain, mental disorders, cancer and other markets. One of the largest application markets is the chronic pain market.

Due to the increase in the number of patients with global pain, the share of medical cannabis treatment has accounted for 44.0% of the medical cannabis market share in 2018.

According to survey data released by the 2012 National Health Interview Survey (NHIS), most American adults experience pain to some extent, acute or chronic pain. The analysis also shows that more than 25 million adults in the United States experience chronic pain for more than 90 days each year, and this data continues to rise, which is a strong indication of the huge opportunities for medical cannabis in chronic pain spaces.

At the same time, cannabis treatment of mental disorders may also be another fastest growing segment of the medical cannabis market.

According to the World Health Organization, about 50 million people worldwide suffer from epilepsy, which has become a major mental health problem. Of course, depression is also one of the most common mental illnesses. In 2015 alone, the global number of people with depression reached 322 million . At the same time, according to the American Association of Anxiety and Depression, approximately 18.1% of Americans suffer from anxiety disorders each year. Behind the increasing incidence of these diseases, it will inevitably increase the demand for medical marijuana and stimulate the further expansion of the medical cannabis market.

Other diseases, such as arthritis, multiple sclerosis, muscle spasm, nausea, HIV/AIDS, muscular dystrophy, irritable bowel syndrome (IBS), kidney failure, and migraine, are not as good as cancer. The number of patients is large, but they also account for a portion of the medical cannabis market.

It can be seen that the future medical cannabis market will also become a market for countries to compete with each other. I hope that there will be China in the future. After all, the patients who need medical cannabis treatment in China do not occupy a minority.

NO.3 “The employment situation of cannabis industry”

To date, the US cannabis industry has created 211,000 full-time jobs.

According to a new report by Leafly and Whitney Economics, in the United States, the cannabis industry created more than 64,000 jobs in 2018. By the first half of 2019, the cannabis industry created more jobs than all other industries in the United States.

The new special report also pointed out that after counting the total number of direct full-time jobs in the legal cannabis industry, data researchers calculated that the cannabis industry had a 110% increase in the three-year growth rate. In fact, starting in 2017, the growth rate of the cannabis industry has been increasing. In 2017, the growth rate of the cannabis industry increased by 21%; in 2018, it increased by 44%. It is expected that the growth rate of the cannabis industry will increase by 20% in 2019.

Unbelievers can come to see the specific growth data of several states in the United States, and Dr. really does not lie.

In 2018, the state of California in the United States launched a legal adult cannabis market, and now its cannabis market development has been far ahead of the US cannabis market. Currently, approximately 67,000 Californians work in cannabis. In Washington, the second-largest cannabis market, there are about 47,000 cannabis-related people, and the third-ranked Colorado has about 44,000. In other areas where marijuana can be used, such as Florida, its cannabis employment increased by 703% in 2018, with an increase of more than 9,000 full-time jobs; Nevada added more than 7,500 jobs in 2018; Pennsylvania since 2018 After the launch of its legal medical cannabis market in February, nearly 3,900 people were also engaged in cannabis work.