The Bay State cannabis market will likely reach around $1.8 billion and it will take years to develop the cultivation infrastructure necessary to meet the demand, according to a business executive in the emerging field.

“It’s going to take time,” Tim Keogh, CEO of AmeriCann, said at a State House News Forum hosted with the Massachusetts Cannabis Business Association.

Based on Colorado’s legal marijuana market, Keogh projected that the cannabis market in Massachusetts could be around $1.8 billion.

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Andy Metzger ~ State House News Service via MetroWestDailyNews.com ~