Did Colorado Just Resolve a Major Concern of Marijuana Opponents?
New regulations concerning cannabis edibles in Colorado could set a new standard throughout the industry.
For investors, there aren't many industries that can pack as much growth potential as marijuana.
According to cannabis research firm ArcView, legal marijuana sales hit $5.4 billion in 2015, and they're on track to grow by an estimated 30% per year through 2020, thanks to organic growth in states that have already legalized it, as well as the expected legalization of marijuana in a number of new states. For added context, residents in nine states will be voting on a marijuana initiative or amendment in their state in the upcoming election next month.
If these sales figures aren't convincing enough or the movement's momentum, then perhaps the rapid expansion of marijuana at the state level is. Since 1996, when California became the first state to legalize medical marijuana, two dozen additional states have legalized medical...
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