The cannabis industry has been growing rapidly over the past few years, and according to research firm Cowen & Co, the US legal cannabis industry is estimated to touch $75 billion in sales by 2030. Given the solid industry outlook, several companies have been eyeing entrance to the market.
Evogene Ltd (NASDAQ:EVGN) is the latest addition to the CBD Space.
On Wednesday, Evogene announced its entry into the medicinal cannabis space through a subsidiary, Canonic Ltd. The news was met with a lot of enthusiasm, driving up EVGN stock by 36.6%.
Evogene ...
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