Cramer: 'Legal marijuana might be the most disruptive force since Amazon' for pharma, beverage industrieCannabis might be most disruptive force since Amazon for pharma, beverages   18 Hours Ago | 01:01

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.

Cramer's $500 billion estimate came from speaking with business leaders in the cannabis industry, many of whom agree that marijuana has the power to disrupt major industries including alcohol and pharmaceuticals.

https://www.cnbc.com/2018/10/16/cramer-cannabis-might-be-the-most-disruptive-force-since-amazon.html