Cannabis Could Be As Large As Soft Drinks Industry, Says Analyst


The cannabis industry has only just started to take off and investors could still expect to make a lot of money in the space, this according to Nick Giambruno, chief analyst at The Casey Report.

“This is a real industry that is emerging after 80 years of insane prohibition. When you consider the recreational, the medicinal, and the industrial uses of cannabis, this is going to be an enormous industry, it could be as large as the soft drinks industry,” Giambruno told Kitco News.

Giambruno will be speaking at the Legacy Investment Summit in Bermuda ( from Oct. 17 – 19.

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