Boston, Marijuana Capital of the World? Location Makes It Possible, Market Expert Says
Market and analytics experts published a study predicting one industry to blaze by all others in the Bay State, growing beyond $1 billion annually by 2020:
Marijuana.
With retail sales of the substance beginning in 2018, the study painted a picture of a changing commonwealth -- a destination visit for "canna-tourists" by the thousand -- the marijuana hub of New England, if not "the world."
Marijuana data and investment firms ArcView Market Research and New Frontier published the study earlier in the year, before the Election Day legalization vote.
Troy Dayton, CEO of The Arcview Group, made a bold prediction in a statement on the study.
"Unlike other places where cannabis is legal, Boston is within driving distance of many of the most populous places in America," Dayton said. "This will make Boston the cannabis capital of the world in short order. This cannabis tourism will drive significant revenue,...
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