: North American legal sales were predicted to hit $9.7 billion in 2017, a 33% increase over 2016.
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In 2017, the marijuana stock market was defined by a massive "green rush," primarily driven by Canadian companies preparing for full recreational legalization. While the U.S. market was larger in terms of total sales, federal prohibition kept most U.S.-based stocks speculative or limited to secondary exchanges. : North American legal sales were predicted to hit $9
: Canada became the epicenter for stock market activity due to its clear path toward national legalization. The U.S. accounted for 90% of global legal trade ($8.5 billion) but remained a fragmented market due to state-by-state regulations and federal restrictions. How well did marijuana stocks fare in 2017