New Frontier Data...on Friday released revised industry sales projections, predicting that the $8.3 billion U.S. medical and recreational marijuana industry will grow at a compound annual growth rate of 14.7 percent, to an estimated $25 billion by 2025.
There is no such industry since marijuana is a slang term no better than pot to describe a bifurcated industry divided at least between fully legal synthetic cannabinoid drugs and illegal - at the federal level - biologics.
The tortured ladies and gentlemen of Insys occupy the fully legal area despite the terrible pursuit by gangster government and raging, ignorant politicians ranging from President Trump to Senator Elizabeth Warren and yet continue to be the #1 target of the witch hunters.
There is change grinding to a new day.
Greenwich Pharmaceuticals is nearing FDA approval of at least one of its biologic cannabinoids but the biologics of the highly praised GWPH will always be inferior to INSY's synthetics.
Time should cure the glaring discrepancy.
Best, Terry
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