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The Possible Cannabis Legalization in the Canadian Markets


In the United States 57% of adults say the use of cannabis should be made legal, while 37% say it should be illegal According to Pewresearch. Also according to a research report which was jointly released by New Frontier and ArcView, the shift in public opinion is expected to be the reason the legal cannabis market is forecasted to grow at a 30% annual growth rate by 2020. Cameo Resources Corp. (OTC: SIDNF), Cannabics Pharmaceuticals Inc. (OTC: CNBX), United Cannabis Corporation (OTC: CNAB), Medical Marijuana Inc. (OTC: MJNA), Terra Tech Corp. (OTC: TRTC)

The share of Americans and Canadians that approve of legalizing the use of marijuana continues to grow. According to Mackie Research Capital Corp. the peak Canadian marijuana market size to be over $2.5-billion in 2020, assuming full legalization down the road, sometime in 2017.

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December 8, 2016
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