Legal cannabis could skim $55 billion per year from alcohol, tobacco firms

MJBizDaily
By Matt LamersJan 14, 2019, 12:15 pm64 pts
Global alcohol and tobacco companies could face losses of $55 billion a year if a fully legal cannabis develops in North America, a new report predicts, a key driver for why they’re looking to move into the blooming marijuana market. “For these two industries in particular, a move into the cannabis…

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