THE GRASS GETS GREENER

The Washington Times Daily - - POLITICS -

Once again, here’s more eco­nomic news that would leave the old hip­pies of yore shak­ing their heads in dis­be­lief.

“Cannabis-re­lated busi­nesses now em­ploy more peo­ple than there are den­tal hy­gien­ists and bak­ers in the United States and will soon sur­pass the num­ber of tele­mar­keters and phar­ma­cists,” re­ports Mar­i­juana Busi­ness Daily, an in­dus­try pub­li­ca­tion that tracks the trends.

“With de­mand for recre­ational cannabis in­creas­ing and pa­tient counts con­tin­u­ing to rise in many med­i­cal pro­grams, the po­ten­tial for fur­ther growth in ex­ist­ing mar­kets is high,” says ed­i­to­rial di­rec­tor Chris Walsh, who ex­pects U.S. mar­i­juana re­tail sales to rise by 30 per­cent to some $6.1 bil­lion.

“Ad­di­tion­ally, we ex­pect re­tail mar­i­juana rev­enues to rise by up to 45 per­cent in 2018, fol­lowed by an­other ma­jor spike in 2019, when an­nual sales could sur­pass $11 bil­lion,” adds Mr. Walsh.

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