The Cannabis Industry Has a New Leader
The cannabis industry is constantly changing and expanding as more parts of the world legalize marijuana use. One thing that looks to be a safe bet right now, however, is that the top company in the industry will likely have to be a dominant force in the U.S. market -- which will be worth more than $34 billion by 2025 (more than any other region of the world), according to analysts from cannabis research company BDSA.
Multi-state operators (MSOs) in the U.S. have been battling for market share, with marijuana producers Curaleaf Holdings (OTC: CURLF) and Trulieve Cannabis (OTC: TCNNF) among the top two companies in revenue. And with a recent acquisition, Trulieve looks to have usurped the top spot in the industry from its key rival.
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Source Fool.com
