The state of Kentucky is suing Purdue Pharma, the makers of addictive opiate OxyContin, for withholding its dangers from them. This is a bold and aggressive step, and a milestone for big pharma accountability. High Times
Tag: Billion’
Marijuana Industry Could Be Worth $35 Billion In 2020, If All States Legalize It
If all 50 states legalized marijuana and the federal government ended prohibition of the plant, the marijuana industry in the United States would be worth $ 35 billion just six years from now. That’s according to a new report from GreenWave Advisors, a research and advisory firm that serves the emerging marijuana industry in the […]
American Marijuana Taxes Could Bring In $3 Billion
If every state across America would follow in the footsteps of Colorado and Washington by establishing a taxed and regulated recreational marijuana market, the entire country would generate well over $ 3 billion of tax revenue every year, according to predictions from the … High Times
Colorado To Generate $1 Billion in Marijuana Revenue Annually
All of the naysayers waiting for the demise of Colorado’s recreational marijuana market have just lost a billion dollar bet. Colorado Governor John Hickenlooper presented a budget proposal on Wednesday that predicts the state’s newfound stoner commerce is set … High Times
New Year, But Still No Banking: Marijuana Industry Expected to Generate $2.34 Billion in Revenues Without Access to Banking Services
DENVER, Colo. — Following more than a year of planning by regulators, legislators, and entrepreneurs, the world’s first legal sale of regulated marijuana for social use took place in Denver, Colorado on January 1, 2014. Medical Marijuana News – THCbiz
Canada Rolls Out a ‘$1 Billion’ MMJ Industry
Marijuana was Canada’s newest mail-order product Tuesday, the inaugural day of a controlled medical marijuana industry that is expected to grow to more than $ 1 billion dollars within 10 years. But even as the new system privatizes distribution, critics fear regulation under the conservative-led government will make it harder for patients to get access […]