Sales of both recreational and medical marijuana already reach far into the billions with vast new markets set to open soon. New numbers reveal the marijuana industry boom has only just begun. Read more in this post from Entrepreneur.com. The marijuana industry has continued its explosive growth in 2018, and a new report has quantified just how explosive. Sales of legal ... Continue Reading
marijuana sales
Celebrity-Backed Cannabis Brands Fire Up the Market
Snoop Dogg isn't the only celebrity with his own cannabis brand. Pro-pot celebrities like the Marley family, Willie Nelson and even Mike Tyson have pot brands. Read more in this post from CNN Money. It seems only natural that Tommy Chong, of the stoner comedy duo Cheech and Chong, would have his own marijuana brand. "I'm the most recognizable pot head, probably, in the ... Continue Reading
Cannabis Industry on A Roll, Attracts Investors
The cannabis industry is projected to hit $18 billion by 2021, even if President Trump challenges the recreational market. Read more about the market forecasts in this post from Forbes! Even if President Trump actively challenges the recreational marijuana market, Greenwave Advisors forecasts that the market will hit $18 billion by 2021. If this doesn't come to fruition, the ... Continue Reading
Legal Marijuana Outsold Munchies Last Year
2015 saw sales of legal marijuana in America outdoing the combined sales of Doritos, Cheetos and Funyuns. This article from The Washington Post highlights the whopping spend of $5.4 billion last year on legal marijuana. Americans spent $5.4 billion on legal medical and recreational marijuana last year, according to new estimates from ArcView Market Research and New Frontier ... Continue Reading
Cannabis Industry Becoming a Magnet for Women Entrepreneurs
Women entrepreneurs are making their mark in the cannabis industry. This post from CNN Money highlights how the cannabis industry is quickly becoming a magnet for women entrepreneurs. Medical or recreational marijuana is legal in 23 states and the District of Columbia. As legalization has increased, so have sales. In 2013, the industry was at $1.8 billion. In 2015, it ... Continue Reading