Finance

Image: Rotational via Wikimedia Commons

Legal marijuana sales forecast to hit $23 billion in 4 years – Marijuana News

DENVER — Marijuana is rapidly becoming a big, semi-legal business across the country, with $5.7 billion in sales last year and tens of thousands of people working and paying taxes as they cultivate, package and sell cannabis.

Image: Alton Strupp ~ The Courier-Journal ~

Kentucky ramps up hemp test production in 2016 – Marijuana News

Kentucky is accelerating hemp production in the third year of testing its potential as a cash crop.

Image: Vireo Health via GreenRushDaily.com

New York Medical Marijuana Company Battling Google Over Ads – Marijuana News

Vireo Health of New York is battling Google because it blocked their digital advertising for marijuana-based drugs.

File image: Cannabis Training University via Wikimedia Commons

Legal Marijuana: A $44 billion business by 2020? – Marijuana News

The growing acceptance and legalization of marijuana is helping the U.S. cannabis industry expand well beyond niche status. It's forecast to pump from $24 billion to $44 billion annually into the country's economy by 2020, according to an industry publication.

Image: Drmies via Wikimedia Commons

Americans bought more legal pot than Girl Scout cookies in 2015 – Marijuana News

The weed industry is becoming a legitimate economic engine. Sales of legal marijuana in the US are estimated to more than double by 2020, as is the broader economic impact of the industry, a new report predicts.

File image: Reagan Rothenberger via Wikimedia Commons

Will falling oil prices help push marijuana legalization in Texas? Advocates hope so. – Marijuana News

AUSTIN — Optimistic advocates hope Texas will legalize the green to make more green. Low oil prices could make the stakes higher than ever for Texas’ economic future when lawmakers meet to pass the state’s next budget in 2017.

Industrial hemp in Germany, 2009. Image: kat_geb via Wikimedia Commons

Hemp industry could explode in Massachusetts if ballot measure passes in November – Marijuana News

BOSTON - A measure on track for the November statewide ballot would open the doors of the Massachusetts marketplace to legal use of recreational marijuana. But a small section in the proposed ballot measure promoted by the Campaign to Regulate Marijuana Like Alcohol would also regulate the cultivation, process, distribution and sale of hemp.

Video image: KDVR.com

Marijuana industry helping some small towns survive – Marijuana News

EMPIRE, Colo. – Colorado’s $1 billion marijuana industry is helping some small towns stay afloat. A prime example is the town of Empire, in Clear Creek County.

Image: WeedWorthy.com

Some Wall Street Vets Are Betting on a Weed Exchange – Marijuana News

Is there serious money to be made trading the flowers and leaves of the cannabis plant? Amercanex isn’t alone in betting there will be, someday.

Packaging paper material made from byproducts of marijuana plants. Image: PackagingDigest.com

Restalk uses waste from cannabis cultivation to make new paper packaging material – Marijuana News

The legalization of cannabis for medical purposes and/or recreation in more states has fueled interest in cannabis packaging in recent years. And now legal marijuana cultivation is providing the key ingredient for a new, sustainable packaging material.


WeedLife.com