Based on further reports from Arcview, North America’s legal cannabis industry should continue to grow at a 27% compounded annual growth rate to $22.6 billion by 2021.In addition to the deal between Canopy Growth and Constellation, other big events have been happening within the Canadian marketplace. Earlier this month, Canadian medical marijuana producer Aurora Cannabis (OTCQX:ACBFF) put in a bid to buy out its competitor, CanniMed Therapeutics (OTC:CMMDF). The bid price was for $18.75 per share, which gives CanniMed a value of roughly $425 million.
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