Marijuana Stocks has your fresh cut articles that are trending on Friday Morning below!
Marijuana Market Forecast at $30 Billion
Forbes has run a headline forecasting the marijuana market will reach $31.4 billion over the next four years, yes Forbes. This estimate comes from a new report by a marijuana market research firm. Presently, the global marijuana market is estimated at $7.7 billion, but adding in a compound annual growth rate of 60 percent as the world eases up on marijuana laws.
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Aphria and Shoppers Drug Mart Seal A Deal for Medical Marijuana Sales
Canadian marijuana producer Aphria Inc. (APHQF) announced on Monday that it has reached a partnership agreement with Canadian pharmacy chain Shoppers Drug Mart outlet to become their exclusive provider of medical marijuana.
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U.S. vs Canada Marijuana Stocks
In what country will marijuana stocks have investors getting high on profits?
In the United States, marijuana remains federally illegal. Although twenty-nine states including the District of Columbia permit medicinal use and several states have legalized recreational use, the national ban is holding back the industry as well as some investors. Funding is a large issue since as financial institutions are hesitant to violate federal laws as well as the Attorney General strongly opposing legalization.
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2 comments
Please update your list of Marijuana Stocks. You need to include Neptune Tech & Bioressources Inc. (NEPT)
Trades on Toronto as well as Nasdaq.
So far I am very impressed with the “Excellence” of this site! It
makes a Great addition to my other sources. WSJ,Forbes,Thompson Reuters, and the Kiplinger.