NEW YORK, NY / Traders
News Source, a leading independent equity research and corporate access
firm focused on small and micro-cap public companies, is covering
Cannabics Pharmaceuticals, Inc. (CNBX)
today. Cannabics operates in the Marijuana industry that has rapidly
and recently turned into a multi-billion dollar massive growth market
across the US and Canada, with many new states legalizing it for either
medical or recreational use. According to recent estimates, the cannabis
market crossed $6.7 billion in the U.S. alone in 2016, and that the
sale of cannabis products is set to rise to $22.8 billion in the U.S. by
2020.
Cannabics
stock has unsurprisingly found enormous strength in the recent past. It
has been surging due to the favorable impact of the company's recent
announcements and growing popularity of the industry.
Cannabics
Pharmaceuticals Inc. is a US based company founded in 2012 by Israeli
researchers from the fields of molecular biology and cancer. CNBX's
entire R&D activity is based in Israel and involves both scientific
and academic research, as well as current ongoing medical clinical
studies which are registered with the US NIH.
CBD
Products, Therapies, and Treatments continue to advance through
research and development breakthroughs, prompting a strong forecast for
2017 performance.
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