Here's where I started before I got lazy:
The first three terms of the sequence are 2, 3, and 7. It's easy to see that if p is in the sequence, then p does not divide

; thus, a given prime can appear at most once. Now, if

has a prime factor other than 5, this cannot be 2 or 3 since they're in the sequence, so it would have to be a prime larger than 5. Therefore, the only way for the largest prime factor to be 5 is for

to be a power of 5.