In the first two months after marijuana legalization, Colorado made $3.4 million in new tax revenues, with initial projections estimating another $184 million over 18 months. As more states legalize cannabis, the United States could be looking at a $10 billion industry by 2018. It only makes sense that more and more people are looking…
Category: Start a medical marijuana business
How People Legally Invest in the Medical Marijuana Industry
In the early 20th century, America prohibited the sale and production of alcohol. Today, alcohol is legal and cannabis is closely following suit with 23 states currently allowing medical cannabis according to the National Conference of State Legislatures (NCSL). A study published in the Journal of Cannabis Therapeutics found that around 30,000 patients in California…
