Industrial Hemp and Legal Cannabis Market
The industrial hemp market is projected to grow at a CAGR of 34% from USD 4.6 billion in 2019 to USD 26.6 billion by 2025. On the other hand, a recent report by Data Bridge Market Research said that the Global Legal Cannabis Market is expected to reach USD 90.83 Billion at a CAGR of 20.0% Forecast by 2027.
About Cann American Corp.
Cann American was formed in 2015 with an initial focus on developing legal cannabis industry infrastructure projects in Northern California.
Now a publicly traded company under symbol (CNNA), Cann American Corp., through its subsidiaries, has expanded its focus toward developing assets, technologies and executing strategic investments globally in the legal cannabis and hemp industries.
CNNA has two wholly owned subsidiaries which are Cannequipt and Seed Fund.
Seed Fund LLC is a wholly owned subsidiary of Cann American Corp. Seed Fund acts as an incubator and funding vehicle to help advance early stage and operating companies that Cann American believes have strong growth potential to become solid revenue generators in the cannabis and hemp industries.