The legal weed industry appears to be budding across North America. Last year, according to cannabis research firm ArcView, in partnership with BDS Analytics, legal weed sales in North America soared by 33% to $9.7 billion. In a decade, forecasts call for more than $47 billion in legal pot sales. This rapid growth, along with growing support for cannabis among the public, is a big reason why investors simply can't get enough of pot stocks.
Rescheduling Marijuana in the U.S. Could Backfire
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