Is this the dayCould we hit .30 today and make the people happy that want out. The Legal Cannabis Market Projected to Rise CNAB, MSRT, V.NSP, V.ACB, PMAP | 30 minutes ago FinancialBuzz.com News Commentary PR Newswire NEW YORK, April 13, 2017 NEW YORK, April 13, 2017 /PRNewswire/ -- 2016 was a key and essential year for the legal cannabis industry. According to a research by New Frontier Data, the legal cannabis market was worth an estimated $6.6 billion in 2016, and is projected to grow at a compound annual growth rate (CAGR) of 16% or reaching more than $24 billion by 2025. The medical market is projected to grow at 12% CAGR through 2025 and growing from $4.7 billion in 2016, to an estimated $13.3 billion in 2025. These projections are made under the assumption that no more states will legalize cannabis products throughout the forecasted period. Naturally Splendid Enterprises Ltd. (OTC: NSPDF) (TSX-V: NSP), General Cannabis Corp. (OTC: CANN), United Cannabis Corporation (OTC: CNAB), MassRoots Inc. (OTC: MSRT), Aurora Cannabis Inc. (OTC: ACBFF). New Frontier Data also explains the current state of the legal cannabis market. The firm estimates that 95% of the U.S. population lives in a state where there is some form of legal cannabis (including adult use, medical use, CBD only laws.) In addition, 93% of Members of Congress represent constituents in markets, where some form of cannabis is legal and 412 members in the House of Representatives and 86 Senators. New Frontier CEO & Founder, Giadha Aguirre De Carcer, explained that, "While the cannabis industry has been anxious to gain more clarity into how President Trump's Administration is going to treat the legal cannabis market in the U.S., it has also provided the opportunity for rigorous debate on the issue. This data highlights the complexity of this debate and the number of Americans that would be impacted by the outcomes of this policy debate." Naturally Splendid Enterprises Ltd. (OTCQB: NSPDF) (TSX-V: NSP) earlier today announced that the company has, "entered into a marketing and distribution agreement with First Step Japan (FSJ), to market its NATERA CBD product line in Japan, the world's third largest economy." The mutually exclusive relationship between FSJ and NSE involves FSJ representing CBD-based products offered by NSE. Additionally, NSE can expand this offering to include other products and ingredients including HempOmega that NSE and FSJ feel have commercial merit for the Japanese market. This exclusivity has a two-year initial period with options to extend. FSJ will construct a Japanese consumer specific, e-commerce platform focusing on a Business-to-Consumer strategy; thus capitalizing on the robust e-commerce market still growing in Japan. Additionally, FSJ will assist NSE's Business to Business strategy marketing directly to distributors, brokers and retailers. This comprehensive marketing strategy is designed to cover multiple distribution channels. First Step Japan is a Japan-based market entry and consulting firm that serves a variety of businesses and non-governmental organizations. They guide clients to achieve their sales goals and to make successful and lasting entries into the Japanese market. The principals of FSJ have combined for over 30 years of experience in Japan. They are uniquely equipped to navigate the local business environment and generate results for their clients. Leveraging an extensive network of associates covering all angles of business operations, FSJ offers a single-entry point to the market." Read more at https://www.stockhouse.com/news/press-releases/2017/04/13/the-legal-cannabis-market-projected-to-rise#8YDdc4Xvd5tobadO.99