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Potential US Marijuana Market Estimated at $46 B

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Post# of 11899
Posted On: 11/28/2012 1:57:11 AM
Posted By: geo


Potential US Marijuana Market Estimated at $46 Billion


Test image to see how the functionality works

According to the number crunchers at Washington State’s Office of Financial Management, a “fully functioning marijuana market” could result in an in-state total of $1.021 billion gross sales of marijuana grams per year. Only 2.15% of the US population lives in Washington State, so extrapolated, this data could indicate, if cannabis were legalized nationally, the total US marijuana marketplace could be as big as $46.420 billion per year. That does not include ancillaries such as hydroponics or paraphernalia, or services to the dispensary industry such as landlords, testing labs, security systems, insurance, advertising, etc....


http://mmjbusinessdaily.com/2012/11/26/potent...0-billion/





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