Despite its recent hiccups, marijuana is expected to be one of the fastest-growing industries on the planet over the next decade. Although estimates rightly vary on Wall Street, which is to be expected of an industry with no modern-day legal precedent, the expectation is that global pot sales could hit $50 billion, at minimum, by 2030. For context, the green rush brought in $10.9 billion worldwide in 2018.
Though cannabis is a global opportunity, there's no country that offers more in long-term sales generation than the United States. Various Wall Street projections suggest that perhaps half of all global sales may derive from the U.S. by the end of this decade. That means marijuana stock investors who focus on specific states within the U.S. could walk away with a lot of green of their own.
What states might those be? Let's take a close look at the three (in no particular order) I believe pot stock investors should be focused on.