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Few if any industries are growing as quickly as legal marijuana, and investors have taken notice. Cannabis research firm ArcView announced 34% sales growth to $6.9 billion in North America in 2016, and its forecast calls for a compound annual growth rate of 26% through 2021 in North America, leading to a market that could near $22 billion. Underlying this sales growth is a major shift in the way the public views marijuana. Marijuana penny stocks: Caveat emptor

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