A new report by ArcView Market Research found legal cannabis sales jumped 17% in 2015 and are predicting it to grow by an astounding 25% this year. That means the legal cannabis industry will reach $6.7 billion in total U.S. sales in 2016.
WOWI, Inc. (OTC: WOWU) is pleased to announce its growth strategy in the U.S. Cannabis Market. WOWI is now the Driving Force of Jolen, Inc. and operating as a wholly owned subsidiary of Jolen, Inc. which accordingly changed its corporate name to WOWI, Inc. with a new symbol of WOWU.
The U.S. legal cannabis industry is among the fastest growing industries in the U.S. projecting better than $22 billion in revenue by 2020, growing from revenue of $5 billion in 2015.