LONDON, ON , May 17, 2019 /CNW/ - Tweed, Canada's leading cannabis brand has just arrived in London ! A local London licensee has collaborated with Alimentation Couche-Tard to bring the Tweed brand retail experience to the city, and we are proud to announce that our doors are now open!

Tweed Brings Its Unique Brand of Cannabis and Conversation to Saskatoon, SK

Reports show and predict that the U.S. will be at the epicenter of the global cannabis/marijuana markets. A report called "The State of Legal Marijuana Markets, 6th Edition", from Arcview Market Research and BDS Analytics report states, "Legal adult-use sales will largely be a North American phenomenon," and today the U.S. reigns in the legal cannabis market worldwide. By 2022, legal cannabis revenue in the U.S. market is projected to hit $23.4 billion (73% of the market). During the same period, Canada is projected to reach $5.5 billion (17%) and at $3.1 billion, the rest of the world will represent almost 10% of the legal cannabis market." Another article by an industry website looking at the global market said: "If more countries fully legalize cannabis, including the United States and all European countries, the global cannabis market could be worth $194 billion in seven years according to a new report from the Bank of Montreal. It could lead to a $30 billion medical cannabis market and a $68 billion recreational market in Europe. In the U.S., legalization would mean up to $19 billion medical cannabis sales and a further $49 billion from the adult-use of cannabis. Active Companies from around the market with current developments this week include: Leafbuyer Technologies, Inc. (OTC: LBUY), The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF), Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), CV Sciences, Inc. (OTC: CVSI), Canopy Growth Corporation (NYSE: CGC) (TSX: WEED).