Cannabis Blog

Marijuana Industry Impact Projected To Grow To 44 Billion By 2020

Category: News | Posted on Mon, March, 14th 2016 by THCFinder

The marijuana industry is full of eye catching numbers. One that caught a lot of headlines today was the figure of 44 billion dollars, which is what Marijuana Business Daily projects the marijuana industry impact to be by the year 2020. That’s an enormous number, but considering what Colorado was able to do in just January 2016 alone, and that’s just one state. That number is extremely achievable if some political victories are achieved.

There are a number of states that are in the process of implementing marijuana reforms, and even more that are potentially legalizing medical or recreational marijuana. A lot can happen between now and 2020, especially this year because of the election. In order for the industry impact to grow to tens of billions of dollars there would need to obviously be some victories, but I’m very confident that will happen. That’s in addition to growth in states like Colorado and Washington that are continuing to grow. Below is a chart released by Marijuana Business Daily showing their projected growth:

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Michigan Dispensary Raids Generating Some Controversy

Category: Medical Marijuana | Posted on Mon, March, 14th 2016 by THCFinder

Several weeks after a city in Northern Michigan passed a zoning ordinance in support of local medical marijuana dispensaries, a number of federal and state law enforcement agencies descended upon two counties to bring down the heat on 12 dispensaries that they claim had been selling weed to people without a medical marijuana card.

Last Thursday, U.S. Homeland Security teamed up with the Michigan State Police and a number of sheriff's offices to conduct a massive raid on dispensaries and patients in the cities of Gaylord and Vanderbilt. Reports indicate that the search warrants were the result of a lengthy investigation into the unauthorized sale of medicinal cannabis products prohibited under state law. 

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What strain are you smoking on today?

Category: Fun | Posted on Sun, March, 13th 2016 by THCFinder


Local group attempting to legalize marijuana by forming new political party

Category: Politics | Posted on Sun, March, 13th 2016 by THCFinder

OMAHA, Neb. —A different political tactic is being taken by local marijuana supporters.

Rather than mount a challenging petition drive to put the issue in front of voters, they're attempting to form a new political party.

"Some medications just don't work," medical marijuana supporter Frank Riojas said.

Riojas said he's had family members leave the state for treatment.

"There's a lot of cancer in my family," he said.

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