NetworkNewsWire Editorial Coverage: Public acceptance and legislative approval of cannabis use, both for medicinal and recreational purposes, continue to spread internationally. In Canada, where medicinal cannabis has been legal since 2001, the federal government is moving toward its goal of adding recreational marijuana legalization nationwide by July 2018. The turning tide in public sentiment and the advancement of legalization, both in Canada and throughout the world, are gradually destigmatizing marijuana use and giving rise to new cannabis subcultures and brands. This evolution of the cannabis lifestyle is creating big market potential for Canadian cannabis producers like DOJA Cannabis Ltd. (CSE: DOJA) (OTC: DJACF) (DOJA profile), MYM Nutraceuticals, Inc. (CSE: MYM) (OTC: MYMMF), Emblem Corp. (TSX.V: EMC) (OTC: EMMBF), ABcann Global (ABCN:CC) (OTCQB: ABCCF) and Cannabis Wheaton Income Corp. (TSX.V: CBW) (OTCQB: CBWTF) as these players see increased opportunities to meet the rising demand for quality cannabis.
A recent market research report has predicted that the international cannabis market, currently worth approximately $7.7 billion, will reach $31.4 billion by 2021 (http://nnw.fm/EpTH9), spurred on by the continued liberalization of marijuana laws across the globe. As Canada prepares for recreational cannabis legalization, companies like DOJA Cannabis Ltd. (CSE: DOJA) (OTC: DJACF) are right in line to profit.
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