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      11 Celebrities That Are Profiting From Their Investments In The Lucrative Pot Industry

      Expect to see the usual suspects on this list of well-known cannabis investors, as well as some surprises that know a good investment when they see it.

      Nicole Crampton by Nicole Crampton
      Sep 21, 2018
      in Celebrity Businesses
      158
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      pot-industry

      The number of marijuana-friendly states in America is steadily growing, with Canada becoming the second country to fully legalise cannabis. Considering the local developments that have made the personal use of marijuana legal, it may be time to start investigating the profitability of a cannabis company, like these celebrities did.

      Cannabis stocks are also skyrocketing, in 2016 the cannabis stock index grew by 236%, according to Viridian Capital Advisors, a financial advisory firm specialising in the marijuana industry. A new report from New Frontier Data reveals that the legal cannabis market will create more than a quarter million jobs in the USA by 2020.

      Forbes also reports that in 2016, the legal cannabis market was worth $7.2 billion, and is projected to grow 17% year-on-year, resulting in a $13.3 billion in medicinal marijuana and $11.2 billion in adult recreational sales by 2020.

      Here are the 11 celebrities that saw this trend coming and have invested in the lucrative marijuana industry:

      1. Bob Marley
      2. Whoopi Goldberg
      3. Mike Tyson
      4. Woody Harrelson
      5. Wiz Khalifa
      6. Gene Simmons
      7. Willie Nelson
      8. The Game
      9. Richard Branson
      10. Snoop Dogg
      11. Melissa Etheridge
      Page 1 of 12
      12...12Next
      Nicole Crampton

      Nicole Crampton

      Nicole Crampton is an SEO specialist who contributes to both ExpertHub and Entrepreneur.com/za. She has studied a BA Journalism at Monash South Africa and has continued her studies with a Creative Writing degree from UNISA. Nicole has completed several courses in writing and online marketing, and continues to hone her skills and expertise in digital media, digital marketing and content creation.

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