Oregon Generated Almost 3.5 Million Dollars In Recreational Marijuana Taxes In 1st Month
Green bud nuggets begin to show purple hues as they mature on Granddaddy Purple cannabis plants. This all-Indica marijuana strain is known worldwide for its many phenotypes that include Grape Ape, Grandaddy Grape Ape and Purple Erkel to name just a few. The strain hails from the Northern Californian hills as it has for more than 20 years. It grows very well indoors, either in water, air or soil. It has a predisposition to be short in bushy, as Indicas will. A euphoric effect about the same as the Purple Urkle is produced, a devastating Indica. This is a great night time strain because it%u2019s such a heavy indica buzz, with a very pleasant upper head body and warmth buzz which fades into droopy red eyes, munchies and complete pain relief and sedation.
Irish Are Emigrating in Search of Medical Marijuana
Legal marijuana: A $44 billion business by 2020?
The growing acceptance and legalization of marijuana is helping the U.S. cannabis industry expand well beyond niche status. It's forecast to pump from $24 billion to $44 billion annually into the country's economy by 2020, according to an industry publication.
At the upper end of that forecast, published in the Marijuana Business Factbook 2016, it means sales of medicinal and recreational marijuana and related products and services would nearly equal the annual revenues of such Fortune 500 firms asFedEx (FDX) and Lockheed Martin (LMT), should current trends continue.
Put another way, that $44 billion is just shy of Panama's $46.2 billion GDP and ahead of Serbia's $43.9 billion. Even if the industry publication's forecast is a bit puffed up, cannabis is clearly heading for the big time.
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