Enormous Growth in Canadian Legal Cannabis

“Within the next two years, a majority of the United States will have adult-use legal cannabis,” says one expert #investincannabis.
The excitement is a result of the interest consumers have in the products, whether for medical or recreational use — estimated to be 50 million people. "That's a real market," said Jon Trauben, a partner in Altitude Investment Management, which focuses on cannabis companies. "Our business case is that demand is there and customers will ultimately prefer to buy safe, tested product through legal channels."
Cannabis companies that have gone public include penny stocks as well as shares approaching $150 for the two biggest names, Tilray of Canada and GW Pharmaceuticals, which is based in the U.K.
After a monumental 2018 for cannabis — with Canada passing full legalization, the first pot company going public on the U.S. stock market and the substance becoming even more mainstream
The rise of cannabidiol," a non-psychoactive cannabis compound more commonly known as CBD that has been found to have #medicalmarijuana medical benefits.
This prediction has ties to the 2018 Farm Bill. The $867 billion proposal included a provision legalizing the cultivation of industrial hemp — cannabis with low levels of the "high"-inducing tetrahydrocannabinol, or THC, compound.
https://www.medicinalorganiccannabis.org.
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