Marijuana market: High risk, high reward
Warning message
The subscription service is currently unavailable. Please try again later.Marijuana is illegal in Tennessee, but when and if the law changes, the business opportunities will be vast — along with the risks.
The marijuana market is spurring the creation of hundreds of new businesses in marijuana-friendly states, according to Taylor West, deputy director of the National Cannabis Industry Association. Those are the growers and sellers, but also the many ancillary businesses supporting the industry.
“There are quite a lot (of opportunities), given it’s a $3 billion industry and growing,” she said, speaking to a crowd of entrepreneurs at the Entrepreneurs’ Organization’s NERVE conference in Nashville on Friday.
Tennessee approved the use of cannabis oil for limited medical purposes this year. With public opinion on marijuana shifting faster than policy changes are being made, it is a matter of time before more states adjust their laws. The Tennessee legislature is expected to consider legalizing some degree of medical marijuana next year, prompting savvy entrepreneurs...
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.
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.
Follow us on Instagram
Connect with us on Linkedin