First company for the production of hemp began to trade on the international stock exchange
Producer of marijuana for medical and relaxation purposes put its shares on the Nasdaq.
Shares of the canadian company Cronos Group, which in industrial scale grows hemp mainly for Smoking posted on world the Nasdaq. This was reported by “Interfax-Ukraine”.
As the CEO Cronos Mike Gorenstein for further in an interview with Bloomberg, the placement is a very important step for the process of legalization of cannabis and creating yuridicheski formed sectors of the economy.
Yet valuable stock is traded on the Nasdaq stock exchange in Canada, but the company delivers the goods also in Germany. The US market Cronos is planning to come out when all the States legalize the sale of cannabis for medical purposes. While there are only 29 of the 50 States, you can sell and buy is a narcotic plant for medical purposes and nine States and the purpose of relaxation.
Experts predict that by 2026, the legal cannabis market in the U.S. will reach $ 50 billion.
Medical marijuana use is permitted in the United States, Croatia, Israel, Poland and Greece. The status of partial legalization has in the Netherlands, Canada, North Korea, Czech Republic, Spain, Portugal and Austria.
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The constitutional court of Georgia was allowed to use marijuana
Now to use cannabis as a means of recreation in Georgia is officially permitted.