Nitin Khanna Insights on the Marijuana Industry
Nitin Khanna is an established serial entrepreneur and angel investor who is originally from Delhi India but currently resides in Portland, Oregon, USA. Nitin Khanna, as an entrepreneur and angel investor, has an eye for opportunity. Khanna has this time round seen great potential in the marijuana cannabis industry. 2018 according to Nitin, has been a good year for the sector. Marijuana has become widely accepted, and more states in the US, and recently Canada agreed to legalize the product for different purposes. Nitin predicts that with increased acceptance of the product, more positive changes will be experienced in the industry, and investors who are planning to make investments in the sector should do it now.
Nitin Khanna says the legalization of the product in the coming years is going to expand, and more and more states and countries are going to allow the use of the product. Khanna says the House of Representatives that have the majority of the democrats who are pro-cannabis will increase the momentum in the legalization of the product and changes in the federal law that for years has been one of the biggest impediments in the sector. Also, more states are going to legalize the use of cannabis, and already there is an ongoing process of legalizing the product in eastwards states such as New York, Illinois, Montana, and New Jersey, among others. Also, cities that are viewed as conservative cities have stated joining the bandwagon of legalizing cannabis with Oklahoma city being the most recent to legalize the product for medicinal purposes.
Another prediction that entrepreneur Nitin Khanna foresees in the industry is the trickling in of massive investments in the sector. From research, the industry is estimated to be worth more than 18 billion dollars, and with increased legalization and market of the product, the numbers are expected even to double up. Investors are clamoring to have a share of the multi-billion industries, and as a result, more of them will start investing in the industry. Already individuals, as well as large corporations, have begun investing in the sector with more expected to join soon. Nitin Khanna is one of those investors that have already invested in the Marijuana sector. Nitin, in 2015 invested in Cura Cannabis, a cannabis oil provider company.
Read more about Nitin Khanna here https://www.behance.net/Nitin-Khanna