There’s “No Doubt” Amazon Will Enter the Marijuana Industry

The Bezos bulldozer is back…

Amazon.com Inc. (Nasdaq: AMZN) accounted for 43% of all online U.S. retail sales in 2016, and the next market it dominates could be the $10 billion legal marijuana industry.

“I think there’s no doubt that eventually Amazon will get into this business. The question is, is that five years, 10 years, or 20 years,” Jim Patterson, CEO of medical marijuana delivery service Eaze told Yahoo.com.

Patterson believes there still needs to be more clarity on the federal level before Amazon sells cannabis.

But with 30 states and the District of Columbia legalizing medical marijuana and eight states legalizing recreational use, it’s a question of “when” and not “if” cannabis becomes completely legal.

And when that happens, Amazon has another billion-dollar industry to conquer…

The Marijuana Revolution Can’t Be Stopped

By 2020, Patterson projects on-demand pot delivery will generate $1 billion in sales of marijuana and associated products.

And Patterson told Yahoo.com that delivery will solve a growing problem: Zoning restrictions.

For example, in Maryland, dispensaries must be at least 1,000 feet from schools. In San Francisco, the zoning restrictions are so tough dispensaries can only be opened in one neighborhood, and the city is capping the number allowed to open there.

These restrictions keep dispensaries from opening in some of the most lucrative real estate and population centers. Those who use it for medicine may be in too much pain to drive long distances.

Renegade Investment Expert: “It’s time to double down – or even triple down – on your cannabis investments!” Read more…

But because of Amazon’s infrastructure, it could provide cannabis customers with fast and affordable deliveries.

CEO Jeff Bezos’ company is building a $1.5 billion facility for a cargo line, and it’s also researching drone delivery.

On top of that, the company said on June 28 that it’s recruiting entrepreneurs to build a network of independent delivery companies.

By the time cannabis in the United States is federally legalized, Amazon could deliver it by plane, drone, or van.

But you don’t need to wait for Amazon to get in the game to making a killing off of marijuana legalization.

This year is going to be one for the record books…

Four Cannabis Stocks Potentially Destined to Soar Up to 1,000% This Election Year

In the election year of 2012, marijuana stocks started rare gains of as much as 3,240%.

In 2014, they started producing up to 4,606% profits.

In 2016, they began rare climbs of 6,074% and more.

How much richer could select cannabis stocks make YOU in the election year of 2018?

Full story here

1 Comment

  • Yes. I think if it is regulated and given out with care and the condition of the patient
    Some day and nights are full of anguish and torment. It is inside bottled up as no one can help. This the Disabilty no one can see broiling under hurt and intangible answers.
    When it is there through no fault of your own, the Physician should at least try to help the elderly who are abused and the teenagers who are confronted with confounding dilemmas who is right and who is wrong. Sadly, that is common when the teenager has to choose !! Why? Dad or Mom ? They are in this extreme pressure and the help that they badly need, is buried under emotions Sometimes they make the wrong choice and illegal drugs take over the stricken person. If they are snared by unscrupulous drug sellers then as a society we are failing. Talents are wastes ! Harm themselves by overdoses they cry out for help in anger and pent up feelings and low grades at school or college is a significant telltale sign. But the those who seem to care only want the way out. Compromise and counseling fails. This only drives thiese children to “I DONT CARE “ path.
    The Oaths taken for Better or Worse, In Sickness and Health at the Church are falsehoods. No one is perfect. ! No one will ever be!!
    Look at the rising DIVORCE AND INFIDELITY Cases. Not a single child or even grownup children can intervene between Selfish Parents. Can we start looking at the young and old and see I shed tears of hopelessness ? As First Rate Country, our UNITED STATES OF AMERICA IS THE BEST PLACE TO LIVE. This I say, as I see, feel, care, and love my Country U.S.A. I feel lucky to be protected and go to get health care that is there which is not anywhere else. All Doors are Open.
    Seek and Thou Shall Find. Everyone knows who said these words. Our Savior
    Essa -el – Salaam. Jesus of Nazareth Born to Guide us. Read your Holy Books. Save your Genrations.