Saturday, January 31, 2015

Marijuana is fastest-growing industry in U.S.

Here's How Fast The Marijuana Industry Is Growing, In 5 Charts - Matt Ferner, Huffington Post:

January 29, 2015 - "The marijuana industry is booming, and it doesn't show any signs of slowing down in the near future.

"Legal marijuana is the fastest-growing industry in the United States, according to a new report from researchers at The ArcView Group, a cannabis industry investment and research firm based in Oakland, California. In the next two years, a flurry of states are expected to consider the legalization of recreational marijuana. A majority of Americans continue to support full legalization, nationally, and by 2016, it's entirely possible that marijuana could be a wedge issue in the presidential election.

"'These are exciting times, and new millionaires and possibly billionaires are about to be made, while simultaneously society will become safer and freer,' Troy Dayton, CEO of The ArcView Group and publisher of the third edition of the State of Legal Marijuana Markets, said in the executive summary of the report. 'We believe that the development of a responsible, politically engaged, and profitable, legal cannabis industry will hasten the day when not a single adult in the world is punished for this plant.'"

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