Cannabis & Main: Global Cannabis Markets Only About as Big as ‘a City in Connecticut’

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The global cannabis industry could be worth as much as US$130 billion. in other markets, these projections only capture major markets (and.

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Cannabis dispensaries in the United States or marijuana dispensaries are a local government regulated physical location, typically inside a retail storefront or office building, in which a person can purchase cannabis and cannabis related items for medical or recreational use.

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Although marijuana has been legal in California for nearly two years, black market weed is still a booming business in the state. illegal sellers outnumber legal and regulated businesses almost 3-to-1, according to a startling analysis of California cannabis sellers released this month.

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The West Coast's cannabis industry may get most of the headlines, but it's arguably the East Coast with its more restrictive cannabis markets that are likely to spawn the. only 60 dispensary licenses and 20 cultivation/production licenses.. the major population centers of New York City and Philadelphia.

According to various Wall Street projections, the global pot industry could see a fourfold. given the tens of billions of dollars in sales on the black market each year — the cannabis industry.

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At least in San Francisco, being able to fire up the cash registers and move product is more complicated then simply pulling a permit or license from the city and county Office of Cannabis and.

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