Edgard Garrido/Reuters RBC Capital Markets is trying to address investor anxiety surrounding the nascent marijuana industry. The bank says Constellation Brand’s recent investment in Canopy Growth is “exactly the type of move that more companies should be making.” In total, the US’s legal marijuana sales could reach $47 billion in the next decade, RBC estimates. Wall Street is catching the cannabis bug. In a lengthy note to clients on Wednesday, RBC Capital Markets estimates that legal sales of marijuana in the US are quickly catching up to beer and wine, and could be worth $47 billion within the next decade.
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