The economic impact of the legal cannabis industry in the U.S. is projected to be of the order of $80 billion by 2022. This post from Green-Flower.com highlights how the cannabis industry is creating jobs and boosting economies. The emerging cannabis industry is growing exponentially, with billions of dollars in sales annually and hundreds of millions of dollars in tax ... Continue Reading
cannabis sales
The City That Sold More Legal Cannabis Than Alcohol
Legal cannabis sales overtook those of alcohol in this US city for the first time in 2017. Read more, to find out the reasons for the growth in cannabis sales, in this post from The Independent. Sales of marijuana have overtaken alcohol in a city in Colorado, three years after the state became the first in the US to legalise recreational use of the drug. Licensed vendors ... Continue Reading
Washington Marijuana Industry Rakes in Money for the State
This post from Marijuana Policy Project blog highlights the remarkable tax revenues generated by the Washington marijuana industry. This legal industry has also created new jobs and reduced the profits of criminals. Voters in Washington made marijuana legal for adults in 2012, but they could not purchase marijuana in regulated retail stores until mid-2014. Since then, the ... Continue Reading