, Inc. (CIIX) Set to Launch New Skin Care Line in Q3 2017

Market analysis company, Inc. (OTCQB: CIIX) this morning announced that its wholly-owned foreign enterprise, CBD Biotechnology Co. Ltd., will officially launch its first line of non-industrial hemp infused skin care products, the ‘CBD Magic Hemp Series’, in the third calendar quarter of 2017.

Legal Cannabis Sales Grow in North America

According to a report by Arcview Market Research, the legal cannabis industry accelerated at a remarkable pace in 2016. North American consumers spent $6.7 billion on legal cannabis products, up 34% from 2015. The report forecasts that growth will reaccelerate in beginning of 2018, as adult use sales ramp up in Canada , California , and Massachusetts along with medical sales in Florida .

Growing Market Share for CBD-based Products Projected to Exceed $2 Billion

PALM BEACH, Florida The Hemp Business Journal estimated that the CBD market will grow to a $2.1 billion dollar market in consumer sales by 2020 with $450 million dollars of those sales coming from hemp-based sources. That's a 700% increase from 2016. CBD or Cannabidiol, is a primary component of the marijuana plant but can be derived from the Hemp plant as well.

Why Canadian Cannabis Companies Are Going Public in 2017

The marijuana market in Canada is prepped for additional growth: several companies plan to go public in 2017 since the country's regulations are more favorable, giving investors more options in this growing sector.

Companies are choosing to file their IPOs in Canada because of the more restrictive environment in the U.S., said Michael Berger, founder of Technical420, a Miami-based company that conducts research on cannabis stocks, and a former Raymond James energy analyst.

A Look Into The Future Of Marijuana Stocks

Forgot the corrections and the politics. It’s all noise compared to simplest, most profitable, and absolutely inevitable trend which will drive marijuana growth for years.