Snoop Dogg Is Changing Cannabis Investing With Casa Verde Capital

There has been a renewed interest in the use of cannabis in recent years. With the production of cannabis oils and other related products, people are seeing the effects of cannabinoids for the treatment of common ailments such as insomnia, inflammation, and headaches, to name just a few. Now, with major celebrities like Snoop Dogg endorsing it, the crop is now more popular than ever.

Cannabis Growing Green

Snoop Dogg recently made some serious cash investments on this already burgeoning cannabis industry. With cannabis now making green, it is possible to turn it into an investment, and that is something he's already done. In fact, Snoop Dogg cofounded a new company known as Casa Verde Capital, which specializes in making strong investments in cannabis and hemp as income sources.

Snoop Dogg's investment in the cannabis firm only keeps getting stronger each year during the stock exchange. In 2018, the stock rose to a mere $45 million, only to grow a year later to $94.7 million right at the close of the last business day.

Covid Cannabis

This year's global pandemic had brought a series of its own problems as people are now dealing with fears and anxieties they'd never though possible. Snoop Dogg and other investors soon began to see the sale of cannabis and cannabis products as something essential that could serve the country on lockdown. In fact, it has been estimated that in 2020 alone most Americans have suffered the greatest sleep deficit ever, with some getting roughly 45 minutes less per night on average. Known as "coronasomnia," this decrease in sleep activity can be treated through the application of cannabis and cannabis products, which can soothe a restless mind in minutes.

A "Budding" Industry With a Buzz

For reasons mentioned previously, cannabis is now hailed as an essential business. This is largely due to its high demand, especially among younger people, but it is also for the fact that it has experienced a vested interest among the medical community.

And the market continues to grow, with estimated revenues that have more than tripled in just the last few years. Investors and economists are seeing many similarities between today's cannabis industry and the trajectory of the Internet since the 1990s. Here is something that most people have found themselves dreaming of for decades only to find that somehow the rich and famous have beaten them to the punch.

Much like cannabis, the Internet has slowly grown only to have it's own button burst with excitement as people were suddenly rushing to buy a computer. Both were driven by the younger market and considered progressive at the time they started. It seemed not long ago that cannabis once bore a stigma, and getting arrested for it would result in the loss of your job and home. Now, with major names like Snoop Dogg, you might be able to keep on working while enjoying you new product.

With the creation of a brand new fund totaling $100 million by Snoop Dogg, there is plenty of reason to believe that the sky is the limit on how much can be made. Profits will continue to grow and cultivate as consumer demand increases. There will come a day that the cannabis industry will face that same bubble burst, which is when it will morph into something that's stable and needed in the future. Meanwhile, the stocks will continue to grow and expand.