North American Cannabis Stock Index up 208% in 2016

2016 was an awesome year for cannabis stocks. The MJIC North American Stock Index was up 208%. Looking forward, we’re expecting another great year for cannabis stocks in 2017. Eight U.S. states recently legalized medical or recreational cannabis. Many of those programs are already up and running. It also looks likely that Canada will vote on legalizing recreational cannabis on the federal level this spring. As you can see, there are major catalysts for the cannabis industry in 2017.