The Cannabis Market Enters 2017 on a Strong Footing – PR Newswire

As a result of this election cycle, as five additional states voted in favor legalization, including California, the largest market for the industry, The Drug Enforcement Administration also changed its approach. The DEA has previously declined to reschedule cannabis under the Controlled Substances Act, has now made easier access for research, and upping the number of authorized manufacturers that supply the substance to researchers. As for the industry’s presence, a recent report published on cannabis licenses conducted by research firm Cannabiz Media, the cannabis industry is entering 2017 with 2,966 medical dispensaries and 3,973 retailers across the country, with more than 4,200 cannabis cultivators., Inc. (OTCQB: CIIX) is a financial information website for Chinese-speaking investors in both the U.S. and China. Announced today that, “it will launch the world’s first Cannabidiol (CBD) health products online store in the Chinese Language by the end of January 2017 under the domain

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