MarcusLemonisTheProfitInPotGrowImageCNBCDotCom

These five businesses reflect the changing face of marijuana

The Profit’s Marcus Lemonis traveled to the Golden State to educate himself about an industry projected to generate $50 billion on the national level by 2026 and spent some face time with the entrepreneurs eager to dominate this impending marijuana boom.

When California passed Prop 64 last November, effectively legalizing recreational marijuana in the state, savvy small business owners began gearing up for 2018’s oncoming gold or, in this case, ‘green’ rush.

To understand the buzz, you have to first consider the numbers: By 2026, California’s marijuana market is expected to be valued at around $6 billion; will generate around $1 billion in taxes; and create over 100,000 jobs.

Read More at CNBC.com



Blunt: Curating the Cannabis Content you Need the Most

SIGN UP FOR FREE POST ALERTS!

We keep your data private and do not share your information with anyone.