The next “for sure” bull market in the U.S. will be the development of the legal cannabis industry. Those who smoke already know this. Those who don’t are living in denial, and that’s not the river in Egypt. The real question for those interested in this sector is where to put money to work or what kind of cannabis job fits their background. There will be great fortunes made and lost in what is sure to be a wild ride. New opportunities exist, but so do bad deals, the latter rarely talked about in cannabis news.
Mecca for Cannabis
There are many cannabis conferences sprouting nationwide, but nothing comes close to the magnitude of the Las Vegas show put on last week by the folks at Marijuana Business Daily. This fifth annual edition was held once again at the Rio Las Vegas and had 10,000 attendees and 350 exhibitors. If you are not at this show you are not in the biz. Attendees gladly shell out over $900 for tickets, which actually sold out before the event started. Company booths also sold out, even at the $5,000 price tag for a 10×10-foot booth.