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     580  0 Kommentare Cannabis Companies are Aggressively Expanding Their Global Footprint

    Financialnewsmedia.com News Commentary

    PALM BEACH, Florida, June 26, 2019 /PRNewswire/ -- The cannabis market is gaining significant traction. Over the last year, Canada approved its recreational use. More U.S. states are legalizing. Corporate America is using cannabis in everything from lotions and sunscreen to alcohol and sports drinks. President Trump signed the 2018 Farm Bill into law. In addition, over the next decade, spending on worldwide cannabis could reach $57 billion by 2027, according to Arcview Market Research and BDS Analytics. In their report, "The Road Map to $57 Billion Worldwide Market," analysts note that the South American market for example could grow from $125 million in 2018 to $776 million by 2027. They also note that Germany could become the leader in the European cannabis market, with Italy expected to see $1.2 billion cannabis sales by 2027. That's opening a wide range of opportunity for companies including MYM Nutraceuticals Inc., (CSE:MYM) (OTCQB:MYMMF), Cannabis Science Inc. (OTCPK:CBIS), OrganiGram Holdings Inc. (NASDAQ:OGI)(TSX-V:OGI), Curaleaf Holdings Inc. (CSE:CURA)(OTCQX:CURLF), and The Supreme Cannabis Company Inc. (TSX:FIRE)(OTCQX:SPRWF).

    MYM Nutraceuticals Inc. (CSE:MYM) (OTCQB:MYMMF) BREAKING NEWS: MYM Nutraceuticals Inc. just announced it engaged Kirsty Morrison as Territory Manager for European Operations. Ms. Morrison will be located in London, England and will lead the European CBD Sales and Distribution team. Ms. Morrison has established relationships in the emerging UK CBD market to use as the launching point for European operations. The company is exploring a number of projects in Europe with the goal of becoming a global distributor of bulk CBD isolate and unique products. "In keeping with our Strategic Plan, we're delighted to welcome Kirsty to the MYM family and look forward to expanding our CBD distribution efforts into Europe," said Howard Steinberg, CEO of MYM. "Europe is one of the fastest growing markets for CBD products with a projected market approaching $2 billion by 2023. MYM aims to be at the forefront of this movement by positioning the company to be a key player in the importation and distribution of CBD products." For more information on MYM, please visit: https://www.mym.ca/

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    Cannabis Companies are Aggressively Expanding Their Global Footprint Financialnewsmedia.com News Commentary PALM BEACH, Florida, June 26, 2019 /PRNewswire/ - The cannabis market is gaining significant traction. Over the last year, Canada approved its recreational use. More U.S. states are legalizing. Corporate …