Canadian marijuana stocks could be in big trouble following these changes by Health Canada
If you're an investor looking for rapid and consistent growth, you'd probably struggle to find an industry that's outperforming marijuana at the moment. A report issued last month by Marijuana Business Daily entitled "Marijuana Business Factbook 2017," calls for 30% growth in U.S. legal weed sales in 2017 to a range of $5.1 billion to $6.1 billion, and roughly 300% growth between 2016 and 2021 to more than $17 billion.
Here's why legal cannabis sales are soaring
What's sparking this growth, you ask? Look no further than improving public opinion toward cannabis, the desire of state governments to generate revenue, and "pot-trepreneurs."
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According to both Gallup's 2016 poll and CBS News' April 2017 poll, a record number of Americans now want to see marijuana legalized nationally (60% for Gallup and 61%...
