It's been a stellar year of the North American cannabis industry. In October, Canada broke down a major barrier by becoming the first industrialized country worldwide to legalize recreational cannabis. In doing so, it brought legitimacy to a previously taboo industry and opened the door to an estimated $5 billion in added annual sales by the early part of the next decade.
In the U.S., two new states (Utah and Missouri) gave the green light to medical marijuana, upping the number of states to have legalized in some capacity to 32. Meanwhile, the U.S. Food and Drug Administration approved its very first cannabis-derived drug in June.
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