The Global Legal Cannabis Industry is Expected to Gain Momentum

According to a research published by Ameri Research Inc., the global legal cannabis market was valued at $14.3 billion in 2016. The market is forecast to grow at a CAGR of 21.1% between 2017 and 2024, while culminating in 2024 global sales of $63.5 billion . The legal cannabis market is witnessing robust growth owing to the increasing legalization and decriminalization of marijuana across North America and Europe .

Marijuana Leader Canopy Growth (TSX:WEED) Fully Valued

Canaccord Genuity analyst Neil Maruoka thinks Canopy Growth Corp. (TSX:WEED) is the “dominant player” in the Canadian cannabis sector, but says the company’s stock is fully valued at current levels.

What's Behind AXIM's Chewing Gum Focus

Studies have shown that marijuana smoke can be harmful to the lungs, while edibles have extremely variable bioavailability that makes dosing difficult. This has left the door wide open for innovators to develop new delivery systems to improve upon these metrics.