Posted On: 08/12/2014 2:11:16 PM
Post# of 5949
Excellent write-up. My favorite, "The State of Legal Marijuana Markets report, released in early January by ArcView Market Research, estimates legal cannabis hit $1.43 billion in sales in 2013 and that it will grow 64% to $2.34 billion in 2014.
To put that in context, that's a rate of growth faster than smartphones achieved. ArcView said more than 590,000 Americans will have bought pot legally from a retail storefront by the end of this year.
That is just the beginning.Cannabis' growth potential is reflected in Gallup polls, which have shown a continued uptrend in marijuana use since 1969. In October 2013, a record 58% of Americans said "yes" when asked if marijuana should be made legal, and only 39% said "no."
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Thanks for sharing, John!
To put that in context, that's a rate of growth faster than smartphones achieved. ArcView said more than 590,000 Americans will have bought pot legally from a retail storefront by the end of this year.
That is just the beginning.Cannabis' growth potential is reflected in Gallup polls, which have shown a continued uptrend in marijuana use since 1969. In October 2013, a record 58% of Americans said "yes" when asked if marijuana should be made legal, and only 39% said "no."
......
Thanks for sharing, John!
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