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How to Start Your Own Marijuana Business: Stake Your Cannabis Claim

Submitted by Marijuana News on Sun, 02/22/2015 - 12:04

NEW YORK (MainStreet) — There are few opportunities in life to get in on the ground floor of an all-new, exploding industry. The "Green Rush" of the legal cannabis business certainly fits that bill.

"These are exciting times, and new millionaires and possibly billionaires are about to be made, while simultaneously society will become safer and freer," says Troy Dayton, CEO of The ArcView Group, an Oakland-based cannabis market research and investment company, in the firm's annual industry overview.

The ArcView report says the U.S. legal cannabis market grew from $1.5 billion in 2013 to $2.7 billion in 2014. That's 74% growth. Patrick Rea, the executive editor of the report and the co-founder of CanopyBoulder, a mentorship-driven business accelerator for the cannabis industry, says there are plenty of opportunities. However, it's not quite a matter of simply staking a cannabis claim and watching the profits roll in. Especially if you dream...

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