RIO DE JANEIRO, BRAZIL - Considering that more comprehensive regulations are still lacking in the countries with the greatest potential for turnover, the estimates fail to aggregate the full potential that the sector's chain would have if all legal frameworks were working as the players would like, especially including permission for recreational use.
Forecasts for three years from now, based on revenues of US$168 million in 2020, according to the startup accelerator The Green Hub, point to Brazil and Argentina as drivers in the South American sub-continent, from producers to investment funds. Respectively, each contributes 24% and 11 . . .
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