America's Marijuana Industry is Growing Like a Weed Solvej Schou - TakePart
go to original November 6, 2013

As it turns out, the United States has gone mad for reefer. (Marijuana.com)

The legal marijuana economy isn’t a pipe dream. It’s reality.

More than $1.43 billion worth of legal pot will be sold in 2013, and is estimated to increase by 64 percent next year to a mammoth $2.34 billion, according to new research looking at the ever-expanding legal U.S. cannabis market, including analysis of hundreds of medical marijuana dispensaries nationwide.

That gigantic estimated increase in 2014 is, of course, due in part to Colorado and Washington's legalization of marijuana sales for adult recreational use. Colorado has also developed packaged marijuana and marijuana products to sell in select stores this January, driving industrialization according to ArcView Market Research’s report “The State of Legal Marijuana Markets 2nd Edition.”

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