“The ArcView Group, which sells research data to industry investors, says legalization of recreational use in California could more than double the national marijuana market – currently estimated at $2.7 billion in annual sales in states with legal medicinal or social use. But the Golden State initiative is merely another unfolding chapter in the fast-evolving market for marijuana-related businesses in California, Colorado, Washington, Oregon, Canada and beyond.
Though many investors remain hesitant to fund marijuana cultivation, they’re putting money into startups that provide services for cannabis businesses. The industry also is attracting top talent from technology, banking and finance.”
Read more from the Source: Tech mavericks see green in burgeoning marijuana industry | The Sacramento Bee
