Sales of Legal Cannabis Products are Expected to Grow

According to a research report by New Frontier Data, the legal cannabis market was worth an estimated $6.6 billion in 2016, and is projected to reach more than $24 billion by 2025 or growing at a compound annual growth rate (CAGR) of 16%. The medical cannabis market is expected to grow at 12% CAGR through 2025 and growing from $4.7 billion in 2016 to an estimated $13.3 billion in 2025. During the same period, sales of cannabis products for recreational use (or adult use) are projected to grow at a 21% CAGR, from $1.9 billion to $10.9 billion. Cannabis Wheaton Income Corp. (OTC: KWFLF), GW Pharmaceuticals (NASDAQ: GWPH), Cara Therapeutics Inc (NASDAQ: CARA), Insys Therapeutics Inc (NASDAQ: INSY), Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE)

“Cannabis stocks significantly outperformed major indexes in 2016, fueled by speculative

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