The 1 Marijuana Stock That Can Thrive, Even If Jeff Sessions Cracks Down on Weed
The marijuana industry is growing like a weed. Sure, the pun is eye-roll worthy, but it accurately describes the superior growth rates at the moment for legal cannabis.
According to leading cannabis research firm ArcView, North American legal-weed sales are expected to grow from just $6.9 billion in 2016 to an estimated $21.6 billion by 2021, representing a compound annual growth rate of 26%. This growth is expected to come from a combination of new legalizations, organic growth within already legal states and countries (Canada and Mexico have both legalized medical marijuana), and the movement of consumers from illegal to legal channels.
Source: Fool.com