Recreational cannabis is a $6 billion industry that is projected to reach $50 billion in legal annual sales by 2026. Here’s what you need to know if you’re thinking of investing in marijuana.
Tag Archives: Steve Gormley
New Frontier Data estimates California’s marijuana industry will generate $7.6 billion a year in direct sales to consumers by 2020, and that’s not including sales generated when growers sell to processors and when processors sell to dispensaries.
Private equity firm Seventh Point sees big opportunities in medical marijuana and wants to get in on the ground floor.
Over the last few years, a new wave of cannabis-finance companies have formed to capitalize on the green rush.
One area that has been quietly growing into its own in the second year of legalization is the environmental impact and regulations of cannabis cultivation.