Here are some of the latest news and facts about investments in the cannabis sector.
A recent report by Arcview Market Research indicates that consumer spending on legal cannabis in North America is outpacing previous estimates and will grow 33% from 2016, to about $10 billion this year. The data published projects that by 2021 the legal cannabis market will reach a value of $24.5 billion and at a 28% compound annual growth rate (CAGR). Read Full Post
How U.S. Investors Can Buy Canadian Cannabis Stocks
Canada has become an important investment destination for U.S. investors following the legalization of medical and adult-use cannabis nationwide. As the only G20 country with nationwide legalization in place, investors have the unique opportunity to invest in licensed producers, which have become important suppliers to both domestic consumers and international markets that have legalized medical marijuana.
Recreational Marijuana sales in Canada face fresh delays
Canadians will have to wait until at least early August and maybe as late as early September to legally purchase recreational marijuana.
Financing and Investing overview (provided by Viridian Capital), summary for Feb 2018.
For more cannabis investing information visit Invest In MJ
