The next great American gold rush is on us. Width expectation standing businessman wanted to risk his piece of land area. This time is gold green - and the products are plastic bags, aerosols and mobile applications.
Yes. Marijuana industry is where the opportunities are. (More coverage of the emerging industrial partner David Rhine AOL Jobs.)
Those who today marijuana to an advantage in the rising tide of competition. The New York Times recently covered the industry now receives financial support from several networks of investors who are willing to throw millions are in the industry. Simultaneous time series editorial for the legalization of marijuana called.
At this point, the widespread legalization of marijuana now seems more of a "when" rather than "if". Personal beliefs aside, the numbers do not lie. The debates may be, whether caused the decrease in traffic accidents in Colorado is enough to offset the slump pot DUI arrests in legalized states. However, there is no debate when it comes to facts and figures; Americans like marijuana.
In 2014, the United Nations Office on Drugs and Crime report counts the United States in the third world for marijuana. 14.8% of Americans use marijuana, the land behind Zambia (17.7%) and Iceland (18.3%) of consumption. In 2013, estimated sales of marijuana of America, amounts to about 1.5 million. This number is not a novelty. In fact, it is expected that the projection in 2014 almost doubled to $ 2.6 billion. In 2018, 10 billion euros.
A successful businessman and Garett luck, founder of FunkSac was in the industry, after seeing his brother combination to reduce marijuana about 30 pills a day to relieve the pain involved in end-stage cancer, the Times reported. After his adoptive brother, is expanding its business Garett OdorNo waste bag toilet to toilet, cover children bags of marijuana tests.
With a conviction for the industry and the knowledge to take advantage of a need in the industry take FunkSac stepped in front of the tip. Now wait for government approval, the implementation has already received orders for 17 of the 22 States that currently entitled marijuana. Garrett believes FunkSac has hundreds of thousands of orders expected to reach $ 2 million in sales in the first year.
Robot knowledgeable marijuana clinics and hospitals (to answer questions) database strain of marijuana that is deep industry IMDB rivals, all aspects of the use of marijuana apparently activated. Current products such as vaporizers smoking upgrades to be smarter and burn faster. The provision of legal services is also becoming a common practice. If Great legalization continues to approach reality, we are probably not far from one version of marijuana seamlessly with most major cities.
The problem facing the provision of financial services is what overlooking the entire industry: the law. With each state variable and the federal government continues to be identified as a Schedule I drug, the investors are often wary, in a business that is not involved in the position to expand beyond the borders of the state for a while. In addition, banks are still reluctant to make money from marijuana, the management system potentially risky money for all concerned makes to accept.
Even if an investor is interested, many large companies are waiting to attend. Have while overlooking marijuana seem turned a corner, there are many Americans who believe that marijuana is where it should still be after the reviews. These people are the customers that the big companies do not want to risk it. Rather, the risk comes from small businesses.
If the cost and the legalization continues upward trend, can large companies come calling soon.
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