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re forecast: Last year, global sales increased to 12.2 billion from less than 10 billion, and they're forecast to rise another 38% in 2019, to 16.9 billion, according to The Independent. The legalization of recreational marijuana in Canada, coupled with ongoing legalizations in the U.S. and the expected resolution of early supply-chain problems in California, the fifth-largest economy in the world by GDP gross domestic product is expected to drive the bulk of this growth. Sean 27, 2019 at 10 51AM The cannabis industry is booming, in case you haven't noticed. This growth opportunity has also encouraged pot stocks to become aggressive. Image source Getty Images. Since the beginning of 2018, we've witnessed numerous capacity expansion announcements with Canadian marijuana stocks, as well as a flurry of acquisition activity, especially among U.S. vertically integrated dispensary operators. (news.financializer.com). As reported in the news.