Exclusive White Paper for Accredited Investors
“Measuring the Marijuana Market”
MJIC is a private holding company dedicated to the emerging cannabis industry. Our mission is to create opportunities for investors to join this frontier market in a way that responsibly manages risk and reward. MJIC seeks to position its shareholders to earn significant returns as cannabis matures into a legal and regulated industry.
Data provided by www.frontierfinancials.com
MJIC Media, Inc., The leading cannabis media network
MJIC Media Is the Industry’s Most Significant, Diversified Media Conglomerate.
MJIC Media, Inc. owns and operates the popular Marijuana Index, which tracks and reports on publicly traded cannabis related equities; Marijuana Investor News, a leading news agency covering the industry; and the Marijuana Investor Summit, an annual convention of experts, thought leaders, companies and investors. The aggregate of the aforementioned provides MJIC Media with intellectual property in the most important and influential arenas of the legal cannabis industry.
Today, the two-year-old market for legal marijuana is already bringing in $2.7 billion in annual revenues – a 74% increase year-over-year.2 This makes legal marijuana one of the fastest growing industry in America, despite dealing with regulatory uncertainty – and the continuance of federal prohibition.
Marijuana provides so much more than a high. Humans have used cannabis for centuries as a powerful medicine, an essential textile, and a source of nutrients. With the help of modern science and legal reform, this versatile plant is reemerging as the economic engine it once was.
BALANCING RISK & REWARD IN THE CANNABIS MARKET
Few doubt the incredible potential of legal marijuana, or the opportunities to profit. However, like all nascent industries, risks abound. Even the best entrepreneurs are treading carefully through a maze of developing regulation, technology, and competition.
MJIC’s mission is predicated upon the trend of marijuana legalization continuing. A growing number of scientific studies are debunking myths about the risks of marijuana consumption and emphasizing the harm of prohibition enforcement. Political trends at the state, federal, and global levels give citizens reason to be optimistic about the future of this industry.
This leading edge report estimates that Oregon’s legal marijuana market will nearly double in the next five years, growing to $464 million in 2020. It identifies a number of indicators that will dictate how the market will mature.
- No restrictions on the number of producer, processor or retailer licenses
- Low license application and renewal fees
- Strong opposition to legalization in some jurisdictions
- Unclear rules on investor residency
- The tax structure which will make the market more competitive against the black market than other states that have legalized