Replies to post #7054 on Sugarmade Inc (SGMD)

[bailosellhai]

Another Morningstar article from Dec 29.

"The report indicates that retail cannabis sales will grow 33% from 2016 to nearly $10 billion this year. By 2021 the legal market is expected to reach $24.5 billion, at a 28% compound annual growth rate (CAGR). Arcview also reported that according to BDS Analytics' GreenEdge point-of-sale tracking service, the medical market in California is already as big as the total markets in Colorado, Washington, and Oregon combined. Sugarmade, Inc. (OTC: SGMD), mCig, Inc. (OTC: MCIG), GB Sciences, Inc. (OTC: GBLX), United Cannabis Corporation (OTC: CNAB), Surna Inc. (OTC: SRNA)"

https://www.morningstar.com/news/pr-news-wire/PRNews_20171229enUK201712296730/data-shows-positive-signs-for-the-legal-cannabis-industry.html