Marijuana Sector Growth Projections From Recent New York Times Article
The market for both recreational and medicinal marijuana is projected to grow to $22 billion in four years from $7 billion this year if California says yes, according to projections by the Arcview Group, a company that links investors with cannabis companies (New York Times).
North American Marijuana Index Increases 100 Points and Could Go Higher
The North American Marijuana Index (marijuanaindex.com) has increased almost 100 points in the last two months from September 1st at 68.14 to November 1st at 162.99. A strong legalization showing tomorrow could see marijuana stocks go much higher on the reality of legalization compared to the hope for legalization.
Today's Marijuana Ballot Initiatives and Where Marijuana Is Already Legal
Recreational marijuana is legal today in Washington, Oregon, Colorado and Alaska. 25 states all together have some form of legal marijuana as does the District of Columbia. Recreational marijuana legalization is on the ballot in California, Massachusetts, Maine, Arizona and Nevada. Medical marijuana legalization is on the ballot in Arkansas, Florida and North Dakota.
To learn more about North American Cannabis Holdings: growusmj.com.
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To learn more about Puration: purationinc.com
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Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Brian Shibley, CEO
SOURCE North American Cannabis Holdings, Inc. AND Puration, Inc.