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‘Legal Marijuana Might Be The Most Disruptive Force Since Amazon’

CNBC’s Mad Money host Jim Cramer expects a half trillion in sales

Canada’s full-fledged legalization of adult cannabis use will be a “watershed” moment for the marijuana industry, and the momentum will extend far beyond the official legalization date, CNBC’s Jim Cramer said.

“I think that legal marijuana might be the most disruptive force since Amazon,” the “Mad Money” host said on Tuesday, one day ahead of Canada’s legalization deadline.

“That’s right, when you look at every industry where pot could potentially compete, there might be as much as a half a trillion dollars in sales that are going to be disrupted, everything from carbonated beverages, beer, sports drinks, tea, coffee, tobacco, [and] snacks [to] all sorts of medications,” he continued.

 

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