The growth of the marijuana industry may be slowing slightly, but that isn’t stopping the millions of investor dollars circling the sector. Marijuana Business Daily has forecast that marijuana sales could hit eight billion dollars by 2019, not its previous forecast date of 2018. The recently completed 2015 MBD Factbook cited issues at the state level as the cause for the the slower growth curve. California was mentioned for its struggles with regulating its cannabis industry that has…
Twenty-three states have decriminalized marijuana to some degree. And with privateer holdings investing nearly $82 million in weed startups, the industry is poised to pull in a lucrative—and legal—profit. (Source)
An amendment that would allow students to use medical cannabis at schools cleared its first hurdle Monday. Check out the following story covered by the Channel 7 Denver News. (Source)
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