Edible Weed May Be Half of the $5.4 Billion Pot Business Cannabis-infused edibles are about far more than peace, love, and higher consciousness. Peggy Noonan knows a thing or two about marijuana. She was a drug runner between Mexico and the U.S., before earning her living as a dealer in Arizona. Both stints ended...
Tech start-ups hope for marijuana sales growth
Weed Pleez TeamFebruary 3February 3Canada, Commodity, Green Rush, International, Legalization, Weed Business
Tech Start-Ups Hope for Marijuana Sales Growth The start-up world can expect to see a different kind of green in the next few years if the marijuana business grows as rapidly as some expect. Legal marijuana sales grew to $5.4 billion in 2015, up from $4.6 billion in the prior year, and sales are expected to grow by...
DENVER (AP) — States that have legalized pot are taking a fresh look at making it easier for out-of-state investors to get in the weed business, saying the industry’s ongoing difficulty in banking means they need new options to finance expansion. The four states that allow recreational pot sales – Alaska, Colorado,...
It clocked in at $70 million last fiscal year alone. Pot is a boon for tax revenues in Colorado, outpacing revenue from alcohol taxes in the fiscal year ending on June 30. Colorado collected almost $70 million in marijuana taxes during that time, nearly double the $42 million collected from alcohol taxes. The state...
The gym rats who join the still-under-construction recreation centre in central Denver, Colo., will owe their workouts to weed smokers. In Pueblo County, south of Denver, students will soon be able to walk to school on a sidewalk paid for by marijuana tax revenue, or apply to the world’s first cannabis-funded...