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

Grassroots Cannabis is set to be acquired for $875 million, Midwest · Nation & World · News.. The Illinois marijuana market is expected to reach $1.3 billion by 2023, As such, Illinois has become a main target as marijuana companies go on. She writes about how the tech industry influences the city's.

The nascent cannabis company recently wrapped up construction of its first flagship store in Ferndale, transforming a warehouse in the industrial part of town into what looks like from the outside.

With government striving to pass legislation to create a National Health Insurance (NHI) scheme to serve all South Africans,

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The only way to do that, especially in limited licensing markets, is to acquire existing operators," he added. Many market experts and pundits also expect the federal regulatory scheme for cannabis to resemble beverage alcohol’s when cannabis is removed from the Controlled Substances Act’s Schedule I.

It was a mixed bag in the cannabis-related news world this week. Colorado announced that since the state legalized adult-use cannabis sales in 2014, $1 billion worth of marijuana were sold, while.

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Skip to main content.. Murphy was elected last year with a promise to legalize marijuana, and. Connecticut, could create a combined market for legal cannabis. second only to California, the world marijuana leader, according to. "It's huge.. Having retail pot shops in New York City, where much of the.

In the United States, the use of cannabis for medical purposes is legal in 33 states, four (out of five) permanently inhabited U.S. territories, and the District of Columbia, as of January 2019. Fourteen other states have more restrictive laws limiting THC content, for the purpose of allowing access to products that are rich in cannabidiol (CBD), a non-psychoactive component of cannabis.

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A legalization movement around the globe has propelled cannabis investment into the headspace of investors as a legitimate play. It is an emerging market seeking to establish itself in the eyes of.