A new report from The Arcview Group, a premium investment and research firm based in Oakland, California, has found that the legal marijuana industry is currently the fastest growing industry in the U.S. In fact, from 2013 to 2014, the legal weed market grew from $1.5 billion to $2.7 billion — an increase of 74 percent.

Arcview researchers surveyed hundreds of retailers in the medical and recreational industries across the country. The group also looked at ancillary businesses to judge their economic involvement, in addition to data recorded by state agencies, nonprofit organizations, and private corporations about the marijuana sector for a more complete picture.

“In the last year, the rise of the cannabis industry went from an interesting cocktail conversation to being taken seriously as the fastest growing industry in America,” said Troy Dayton, CEO of The ArcView Group. “At this point, it’s hard to imagine that any serious businessperson who is paying attention hasn’t spent some time thinking about the possibilities in this market.”

The report predicts that in the next five years, two more states will likely legalize medical marijuana and up to 14 could pass recreational legislation. By 2019, all state-legal cannabis markets combined could surpass a whopping $11 billion.

Sources:

http://www.huffingtonpost.com/2015/01/25/marijuana-industry-fastest-growing_n_6540166.html

http://www.bizjournals.com/denver/news/2015/01/26/report-legal-pot-sales-topped-2-7-billion.html

Photo Credit: arachnized Ѫ mechanid

Do you own a cannabis industry business? Create a listing in our directory and get discovered by new clients - Click Here
.

Tags: , , , , , | Categories: Cannabis Business News Medical Marijuana News Recreational Cannabis News Science & Research

Learn about cannabis businesses:

View the directory | Get featured here

  • CORE Security Solutions

    CORE Security Solutions, Inc. provides security services to a wide array of clients, including the rapidly growing cannabis industry. We are fully licensed and insured by the California Bureau of Security and Investigative Services (BSIS). We currently provide security services to several local cannabis dispensaries in the Bay Area and secure transport and delivery services for cannabis products and proceeds throughout California. Our security specialists are all licensed and our transport vehicles are equipped with secure storage and GPS tracking.

  • Dispensary Permits

    DispensaryPermits.com offers “seed to sale” consulting services with hands on support to medical marijuana entrepreneurs. Whether you are looking to break into the industry or you have previous experience with owning or operating a dispensary, cultivation, manufacturing or testing facility; our custom crafted solutions provide support and guidance for both novice and expert medical marijuana entrepreneurs.

  • HerbTools

    HerbTools is one of the largest online head shops specializing in all varieties of smoking accessories. Our bong shop has been distributing products worldwide at competitive rates since 2012. Customer service has always been our key priority and we ensure our products reach every customer in impeccable condition.

  • Precision Extraction Solutions

    Precision® Extraction Solutions is the industry leader in cannabis extraction equipment, training and consulting. Precision® extraction systems are world renowned for quality, safety and precise operation. Costing half of comparable CO2 systems, with nine times more efficient processing, more award winning concentrates are made with Precision® than any other brand.

  • 4blooms

    4blooms is San Diego’s first marijuana-specific marketing agency. The agency works with businesses involved in all aspects of the cannabis industry across the U.S., from growers to dispensaries to smoke shops. The team’s deep experience in web development, design and marketing makes 4blooms able to handle all aspects of business operations.

  • The Canna CPAs

    Our mission is to help Cannabis owners save money! We accomplish this through a myriad of ways that includes strategic tax planning, proper GAAP cost accounting, and comprehensive back up documentation and work papers. Your success is our success! Our goal is to exceed your expectations through our qualitative expertise and outstanding customer service in the cannabis space.

  • CannaSafe Solutions

    CannaSafe Solutions is the one-stop-shop for all the safety needs of your cannabis growhouse, dispensary, lab, or edibles manufacturing facility. We provide all of the safety equipment and apparel you need to protect your employees, your plants, and your business.

  • California Cannabis CPA

    California Cannabis CPA is the premiere CPA firm that helps individuals and companies working in the Cannabis Industry with all tax planning, compliance, preparation, savings, and peace of mind.

  • Gehl Search Partners

    Gehl Search Partners (GSP) finds the best talent available for a wide range of positions. Our specialty is in professional recruitment within highly regulated industries such as cannabis, adult beverage, and FMCG/CPG throughout the US & Canada. Our primary focus is in sales, marketing, strategy and planning, finance, and accounting roles. We collaborate with our clients to identify, attract and onboard accomplished executives in mid level to senior level roles.

  • LC Solutions Michigan PLLC

    LC Solutions offers clients timely accrual based bookkeeping, cost accounting strategies, planning, and consulting services. Our model supports an ongoing client relationship, helping to ensure accurate accounting records throughout the year. We are professional, patient, and creative in our approach. LC Solutions specializes 100% in serving Michigan’s Medical Cannabis industry.

  • Cannabis Tax Solutions

    We are Cannabis Industry Financial Experts helping CEO's transform their business by saving tons on taxes, increasing cash flow, enhancing margins, and improving processes. We go beyond Section 280e issues; your problems are our solutions.

  • Hay & Associates

    We are a full-service Accounting firm licensed in CA. We offer a broad range of services for business owners, executives, and independent professionals. We are affordable, experienced, and friendly.

Want a job in the cannabis industry?

Sign up to apply for unlimited jobs and get discovered by companies who are hiring

Post Your Resume View all jobs

Best vacancies

Subscribe for daily cannabis news, announcements, and business insights.

https://velotime.com.ua

majbutne.com.ua

источник