Omni Health Inc (OMHE)

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$OMHE According to a report by New Frontier Data, the legal cannabis market was worth $6.6 billion in 2016 and is forecast to grow to $24.1 billion by 2025 with a compound annual growth rate of 16 percent. Chronic pain is the largest cause of opioid drug abuse. Along with chronic pain, sleep disorders, post-traumatic stress disorder (PTSD), nerve pain, anxiety, glaucoma, chemotherapy induced nausea and vomiting (CINV), Tourette syndrome, and seizures/epilepsy, are conditions appointed by the National Academies of Sciences as being best treated by medical cannabis. Medical cannabis has been successful in lowering prescription drug use in states that it is legal. The medical cannabis market was worth $4.7 billion in 2016 and is expected to grow to $13.3 billion by 2025. Adult sales during the same period are projected to grow at a 21 percent CAGR, from $1.9 billion to $10.9 billion.