Technical420 is excited to announce that we have published our first comprehensive industry analysis report and it is available for purchase through Technical420’s store. The report is the first of its kind and anyone interested in the cannabis industry can benefit from it. The report provides you with an in depth look into the cannabis industry, its subsectors, and its constituents. It is over 100 pages long and it measures the entire cannabis industry, as well as the companies involved.
Technical420 developed a proprietary model that projects the cannabis industry to be a $500 billion industry by 2030. Each metric used in the model was tested and retested to ensure that there is a strong correlation between the variable and market growth. Technical420 analysts were able to identify a number of key metrics that influenced industry growth. Our analysts measured hundreds of metrics and identified and ranked those which influenced market growth.
Current estimates are severely understated
Although a number of financial firms have attempted to measure the size of the cannabis industry, their estimates are understated and incomplete as that they measured the market size based on the revenue generated from selling marijuana in states where it is legal.
The cannabis industry is much greater than just the sale of marijuana. Technical420 measured the cannabis industry through the sum of its parts because the industry consists of multiple sectors. Our estimates are based on a sector-by-sector analysis in which four unrelated sectors and their subsectors were measured:
- Legal marijuana sales (medical and recreational)
- Industrial Hemp
- Ancillary businesses.
Technical420 analysts dug deeper into its analysis and identified various subsectors within these unrelated sectors. Each subsector was given a rating based on its composition and market size. Our analysts then went on to identify the catalysts, risks, and best investments (stock specific) per subsector.
A $500 billion industry
Technical420 analysts measured the size of the cannabis industry using conservative growth metrics. Under these conservative estimates, we determined that it will be a $500 billion industry by 2030.
This report is the first of its kind. It provides you with an in depth breakdown of the industry, highlighting where it has come from, where it is going, its growth potential, and the companies that are best positioned to capitalize from marijuana reform!
Click the link below to purchase the report!