The legal cannabis industry is the fastest-growing industry in the United States, according to a report in The Huffington Post. Medical marijuana is now legal in 23 states and the District of Columbia. Four states (Washington, Colorado, Alaska and Oregon) have legalized recreational marijuana and are regulating it like alcohol. Up to five states are widely expected to legalize and regulate recreational marijuana in the 2016 elections. An estimate by GreenWave Advisors projects that if all 50 states legalized marijuana and the federal government ended prohibition, the market could reach $35 billion by 2020.
Cannabis Business Times is the industry’s only publication dedicated to the cultivator/grower segment of the legal cannabis market. Established in 2014 as a website, the Cannabis Business Times brand has quickly become the industry’s business and legislation source. To keep up with our growing audience and the expanding industry, Cannabis Business Times will be published six times in 2016.