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on-a-high-chart-industries-is-well-placed-to-prosper-in-the-booming-legalized-cannabis-market
on-a-high-chart-industries-is-well-placed-to-prosper-in-the-booming-legalized-cannabis-market

On a high: Chart Industries is well placed to prosper in the booming legalized cannabis market

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The cannabis supply chain is not about to go up in smoke any time soon if you listen to the commitment and hopes Chart has for it.

“For our specialty markets as a whole (which includes cannabis applications, hydrogen, lasers, space exploration, food and beverage), we expect over 10% growth year over year for the next three years,” Jill Evanko, Chart CEO, told gasworld.

At the time of going to press, recreational marijuana is now legal in 11 US states for adults over 21 years old; medical marijuana is legal in 33. Canada legalized marijuana federally in October last year, then in June Illinois passed a bill that legalizes the possession and commercial sale of marijuana in the state, joining the states of Washington, Alaska, Colorado, California, Maine, Massachusetts, Oregon, Vermont, Michigan and Nevada. Mexico and US states New Jersey and New York are expected to follow suit in 2020.

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