Marijuana Market Info

Marijuana Industry Headlines

“Cannabis is one of the fastest growing industries [worldwide]… Domestically, we weren’t able to find any market that is growing as quickly.” – Steve Berg, former managing director of Wells Fargo Bank

Fourth quarter reports in 2013 have revealed that, when combined, the legal marijuana industries [medical and recreational] create the fastest growing market in the United States. Furthermore, the marijuana market is predicted to grow by 64 percent, to $2.34 billion, in 2014. Reports also predict that 14 more states will legalize marijuana for adult recreational use by 2018, potentially creating upwards of a $10 billion marijuana market in the United States. (“Marijuana Market Poised To Grow Faster Than Smartphones.” The Huffington Post. November 14, 2013.) acquires for a kushy $4.2 million.  (“WeedMaps Acquires For A Kushy $4.20 Million.” November 28, 2011.)

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