Hemp Inc (OTCMKTS:HEMP) and Cannabis Cultivation Industry Gaining Momentum

Hemp Inc (OTCMKTS:HEMP) and Cannabis Cultivation Industry Gaining Momentum

Legal cannabis expansion throughout North America is resulting in the production of new offerings, as well as supported stock performance as the industry shows to record lofty revenue projections from analysts. As per ArcView, one of the major cannabis research companies, legal cannabis, marijuana and hemp sales jumped in North America by 34% in 2016, and they’re slated to rise by an average of 26% yearly through 2021. That sort of growth is certainly adequate to attract shareholders to marijuana equities, which have surged as a group by over 100% over the trailing year.

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