Say Hello to the Largest North American Marijuana Stock IPO of All Time

This Canadian medical pot producer just raised $75 million, placing its value at more than $635 million.

When it comes fast-growing industries, you’d struggle to find one with more consistent annual growth potential than legal marijuana — and marijuana stock investors know it!

Depending on your source, the marijuana industry is set to grow by between 23% and 27% annually over the next 5 to 10 years, with investment firm Cowen & Co. offering the most bullish prediction, with a call for $50 billion in legal U.S. sales by 2026.

Since more than an estimated $46 billion in North American pot sales were conducted under the table in 2016, according to ArcView Market Research, marijuana stock investors view the potential to transfer these illegal sales to legal channels as a massive growth opportunity.

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