You are here

Home 🌿 Medical Cannabis News 🌿 Marijuana expo draws 'gold rush' to Illinois 🌿

Marijuana expo draws 'gold rush' to Illinois

Submitted by Marijuana News on Thu, 05/21/2015 - 08:09

Oils and extracts, vaporizers, grow lights and joint rollers filled a marijuana convention in Chicago on Wednesday — without a puff of pot in the air or a single leaf of the drug yet sold legally in Illinois.

More than 2,000 people attended the Marijuana Business Conference & Expo, hoping to cash in on a business that is forecast by one industry-backed market research group to grow to $11 billion in annual sales nationwide by 2019,.

Yet the vast majority of entrepreneurs will have no shot at growing or selling pot legally, said Adam Bierman, managing partner of MedMen, a consulting firm. Since he opened his first "pot shop" for $13,000 in California, he said, the industry has increasingly become controlled by "titans" who have six figures or more to invest.

And as more states — including Illinois, with its fledgling medical pot...

Rate this article: 
Region: 
Illinois

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.


URL: 
http://www.chicagotribune.com/news/ct-illinois-medical-marijuana-expo-chicago-met-20150520-story.html?track=rss

420 Intel is Your Source for Marijuana News

420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.

420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.

Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.

You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.