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Posted On: 12/17/2018 4:50:55 PM
Post# of 969
The research groups are starting to get on board and initiate coverage of the cannabis and CBD sector, now that things are starting to move along in the USA. MCOA seems to be amongst those that are perceived to have a greater potential for success. Trafalgar has initiated coverage for just 4 companies, and MCOA is one of them.
Trafalgar Research Group Initiates Coverage on the Growing Cannabis and CBD Sector
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London and New York -- December 17, 2018 – InvestorsHub NewsWire -- Trafalgar Research Group initiates coverage on the growing cannabis and CBD sector, that is experiencing a massive global growth phenomenon. According to Arcview Market Research and its research partner BDS Analytics, over the next 10 years, the legal cannabis industry will see much progress around the globe. Spending on legal cannabis worldwide is expected to hit $57 billion by 2027. The adult-use (recreational) market will cover 67% of the spending; medical marijuana will take up the remaining 33%.
The largest group of cannabis buyers will be in North America, going from $9.2 billion in 2017 to $47.3 billion a decade later. The largest growth spread, however, is predicted within the rest-of-world markets, from $52 million spent in 2017 to a projected $2.5 billion in 2027.
Trafalgar Research Group Initiates Coverage on the Growing Cannabis and CBD Sector
London and New York -- December 17, 2018 – InvestorsHub NewsWire -- Trafalgar Research Group initiates coverage on the growing cannabis and CBD sector, that is experiencing a massive global growth phenomenon. According to Arcview Market Research and its research partner BDS Analytics, over the next 10 years, the legal cannabis industry will see much progress around the globe. Spending on legal cannabis worldwide is expected to hit $57 billion by 2027. The adult-use (recreational) market will cover 67% of the spending; medical marijuana will take up the remaining 33%.
The largest group of cannabis buyers will be in North America, going from $9.2 billion in 2017 to $47.3 billion a decade later. The largest growth spread, however, is predicted within the rest-of-world markets, from $52 million spent in 2017 to a projected $2.5 billion in 2027.
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