“There are a lot of people stuck in their houses right now. So, what are they going to do? They stream Netflix and get high. Or watch movies on Amazon and get high. Or play board games … and get high. There’s not much else to do.”
The beauty industry, never one to miss a trick, swiftly jumped on the weed wagon. Today, CBD is perhaps the buzziest and most bragged-about ingredient in high-end makeup, skincare and hair products. And the trendiest items in the fashion world? Cannabis-inspired jewelry.
The emerging cannabis industry is seeing more women taking leadership roles in what was once considered a male-dominated sector.
Change is opportunity. When technology or market forces cause a sector to rapidly evolve or emerge, this change often presents significant opportunities for savvy investors.
Two industries are in this type of flux today: Retailing and Legal Marijuana.