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 acquisitions nationally in the legal cannabis and hemp industries.

CNNA has two subsidiaries, Cannequipt and Hourglass Enterprises.


Cannequipt is a wholly owned subsidiary of Cann American Corp, Originally conceived by Jason Black and Patrick King, a Northern California cannabis industry pioneer, and formed in California in 2014 as a holding company for agricultural and cannabis equipment rentals, Cannequipt, now a Wyoming company, has been restructured to serve as an R&D division of CNNA.


Hourglass Enterprises

Houglass Enterprises LLC is focused on packaging and branding within the Oklahoma cannabis market.


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