3 Behind-the-Scenes Obstacles Plaguing the Recreational Marijuana Movement
You'd honestly struggle right now to find an industry growing at a quicker, more consistent pace than legal marijuana. According to cannabis research firm ArcView, North American legal pot sales, inclusive of medical and recreational weed, soared to $6.9 billion in 2016, and they're on track to reach nearly $22 billion by 2021. We're talking about a 26% compound annual growth rate over five years.
But as ArcView's data has also shown, this growth may be sustainable well beyond 2021. Last year, $46.4 billion in North American cannabis sales was conducted on the black market, implying that pot businesses have a massive opportunity to sway these consumers to legal channels in the years to come.
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Source: Fool.com
Boeing Co. Stock
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Currently there is a rather positive sentiment for Boeing Co. with 30 Buy predictions and 5 Sell predictions.
With a target price of 233 € there is a positive potential of 39.49% for Boeing Co. compared to the current price of 167.04 €.
