Rich pickings for investors in legal Marijuana
Snoop Dogg the musician and gifted entrepreneur, former Facebook president Sean Parker, PayPal co-founder Peter Thiel, George Soros, all have invested in incredibly profitable legal marijuana ventures. Marijuana is considered to be the largest cash crop in the United States, enjoying a growth of 77 per cent over the last few years with an estimated growth rate of 700 per cent by 2018, surpassing growth rate of corn, cotton and wheat.
According to UN data, its is valued at £116.5bn ($142 bn), bigger than world coffee market valued at £ £66bn ($80bn).
Marijuana is no long the under drug controlled by the drug cartels, and now it is a viable industry that is making investor a fortune.