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Half Baked - Sir Smoka Lot's home

Category: Videos | Posted on Mon, March, 21st 2016 by THCFinder


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Which State Has The Most Expensive Medical Marijuana?

Category: Medical Marijuana | Posted on Mon, March, 21st 2016 by THCFinder
marijuana cash industry banking

(image via Associated Press)

There are many states in America that have legalized medical marijuana in some form. On one of the spectrum you have states like Oregon where home cultivation is allowed (albeit with lower limits than in the past) and there are dispensaries and a lot of qualifying conditions. On the other end of the spectrum you have states that have legalized CBD-only medical marijuana, with no place to purchase it or grow it. And of course there are many states that fall somewhere in between.

New Jersey is not all the way on the CBD-only end of the spectrum, but it’s definitely a state that has a very limited medical marijuana program. There are not a lot of patients because the list of qualifying conditions is small compared to many other states, and there’s even less outlets for medical marijuana. Patients are not allowed to grow their own medical marijuana, so literally the only legal way to obtain medical marijuana is from one of the handful of licensed outlets. Supply shortages are common I’m told from readers, and prices are through the roof. The prices are so high in New Jersey that it sounds like New Jersey’s own officials have stated that the prices are the highest in the nation. Per Marijuana Business Daily:

New Jersey’s five operating medical cannabis dispensaries may have the highest MMJ prices of any market in the country, according to the state’s own officials

 

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Legal marijuana sales forecast to hit $23B in 4 years

Category: News | Posted on Mon, March, 21st 2016 by THCFinder

Marijuana is rapidly becoming a big, semi-legal business across the country, with $5.7 billion in sales last year and tens of thousands of people working and paying taxes as they cultivate, package and sell cannabis. USA TODAY

The industry is only expected to grow in 2016, particularly if California voters this fall decide to legalize recreational use, according to the newly released 4th Edition State of Legal Marijuana Markets Report from from ArcView Market Research and New Frontier, a cannabis-focused data-analysis firm. Much of the increase is attributed to adult use market sales, which hit $1.3 billion last year. By 2020, adult use and medical marijuana sales are expected to reach nearly $23 billion, triple this year. 

Read More:http://www.usatoday.com/story/money/business/2016/03/20/legal-marijuana-sales-forecast-hit-23b-4-years/82046018/


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Dab Art.

Category: Fun | Posted on Sun, March, 20th 2016 by THCFinder


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