Forum

 
  Back to OzPolitic.com   Welcome, Guest. Please Login or Register
  Forum Home Album HelpSearch Recent Rules LoginRegister  
 

Page Index Toggle Pages: 1
Send Topic Print
Legal pot $10 billion industry in USA (Read 1795 times)
Baronvonrort
Gold Member
*****
Offline


Australian Politics

Posts: 10697
Gender: male
Legal pot $10 billion industry in USA
Dec 9th, 2017 at 1:11pm
 
Quote:
The legal marijuana market is exploding -- it will hit almost $10 billion sales in this year


Legal marijuana sales are predicted to hit $US9.7 billion in 2017, a 33% increase over 2016, according to a new report.

The growth is buoyed by new states legalizing marijuana, and sales exceeding expectations in existing markets.

Analysts predict the market to hit $US24.5 billion in sales by 2021, despite continued federal prohibition.

The market for legal marijuana is heating up in a big way.
Legal marijuana sales are predicted to hit $US9.7 billion in North America in 2017, according to a new report from cannabis industry analysts Arcview Market Research, in partnership with BDS Analytics.

That represents an unprecedented 33% increase over 2016, shattering previous expectations about how quickly the cannabis industry could grow in the face of federal prohibition. The report further predicts the entire legal cannabis market to reach $US24.5 billion in sales – a 28% annual growth rate by 2021 – as more states legalise marijuana for recreational use and existing markets mature.

“Aside from cryptocurrency, there is simply no other industry changing as rapidly or as unevenly as the cannabis sector,” Troy Dayton, Arcview’s CEO said.
The industry’s growth is buoyed by a number of new state-legal markets coming online in 2017. Nevada, where legal marijuana sales began in July, raked in $US27 million during the first month of sales, according to the report, prompting a supply shortage that forced Gov. Brian Sandoval to issue a “statement of emergency” to bring more marijuana into the state.

Revenue for the first six months of 2017 in Colorado, Washington, and Oregon – the first three states to legalise marijuana for adult-use – ran 33% ahead of 2016, also indicating that the market is still growing, according to the report.

California is set to begin sales of recreational marijuana on January 1, adding a massive consumer base to the industry. And Canada is set to begin nation-wide sales on July 1, 2018.
“Our data shows positive indicators across the board for the legal cannabis industry, in North America and around the globe,” said Tom Adams, Arcview’s editor-in-chief. “That’s nothing compared to what we can expect in 2018 and beyond from Nevada’s tourism, and California and Canada planning to launch adult-use sales in 2018.”

The report notes that the projection hinges on the assumption that the federal government does not crack down on state-legal cannabis, nor does it assume that there will be a host of new states legalizing marijuana in the next few years.
Attorney General Jeff Sessions is a noted opponent of marijuana legalization, though the Justice Department has not yet indicated that it would seek to prosecute state-legal marijuana businesses.
Recreational marijuana is legal in seven states, and some form of medicinal marijuana is legal in thirty states. Marijuana is still considered an illegal Schedule 1 drug by the federal government, however.

A Gallup poll released in October indicates 64% of Americans support legalizing marijuana for both recreational and medicinal use, the highest support since Gallup first asked the question in 1969.
https://www.businessinsider.com.au/legal-weed-market-to-hit-10-billion-in-sales-...


Nice to see people like Marla paying pot taxes.  Smiley

We should legalise and tax pot smokers.

Only 1 party in Australia that makes policy on facts - http://www.ldp.org.au/cannabis
Back to top
 

Leftists and the Ayatollahs have a lot in common when it comes to criticism of Islam, they don't tolerate it.
 
IP Logged
 
Marla
Gold Member
*****
Offline


I own your little bitch
troll ass

Posts: 7605
Colorado
Gender: female
Re: Legal pot $10 billion industry in USA
Reply #1 - Jan 23rd, 2018 at 9:09am
 
So this is why you kangaroo rooters come here? To pay taxes?


Too bad this girl is Australian. I vote for her for Pressie in a heartbeat.
Back to top
 

You're like a picture on the fridge that's never stocked with food
 
IP Logged
 
Sprintcyclist
Gold Member
*****
Offline


OzPolitic

Posts: 33314
Gender: male
Re: Legal pot $10 billion industry in USA
Reply #2 - Feb 24th, 2018 at 11:13am
 

Some taxes are raised by it.
Young people are now not busted and given a life changing police record for having a joint.

criminals are being isolated.

It is a win/win/win scenario
Back to top
 

Modern Classic Right Wing
 
IP Logged
 
Lord Herbert
Gold Member
*****
Offline



Posts: 34441
Gender: male
Re: Legal pot $10 billion industry in USA
Reply #3 - Feb 24th, 2018 at 11:56am
 
Marla is actually a Role Model for why our youth and young adults should stay as far away from 'recreational drugs' as possible.

It makes you an angry, abusive bitch in the long term.

Back to top
 
 
IP Logged
 
Auggie
Gold Member
*****
Offline


It's War

Posts: 7277
Re: Legal pot $10 billion industry in USA
Reply #4 - Feb 28th, 2018 at 1:41pm
 
Baronvonrort wrote on Dec 9th, 2017 at 1:11pm:
Quote:
The legal marijuana market is exploding -- it will hit almost $10 billion sales in this year


Legal marijuana sales are predicted to hit $US9.7 billion in 2017, a 33% increase over 2016, according to a new report.

The growth is buoyed by new states legalizing marijuana, and sales exceeding expectations in existing markets.

Analysts predict the market to hit $US24.5 billion in sales by 2021, despite continued federal prohibition.

The market for legal marijuana is heating up in a big way.
Legal marijuana sales are predicted to hit $US9.7 billion in North America in 2017, according to a new report from cannabis industry analysts Arcview Market Research, in partnership with BDS Analytics.

That represents an unprecedented 33% increase over 2016, shattering previous expectations about how quickly the cannabis industry could grow in the face of federal prohibition. The report further predicts the entire legal cannabis market to reach $US24.5 billion in sales – a 28% annual growth rate by 2021 – as more states legalise marijuana for recreational use and existing markets mature.

“Aside from cryptocurrency, there is simply no other industry changing as rapidly or as unevenly as the cannabis sector,” Troy Dayton, Arcview’s CEO said.
The industry’s growth is buoyed by a number of new state-legal markets coming online in 2017. Nevada, where legal marijuana sales began in July, raked in $US27 million during the first month of sales, according to the report, prompting a supply shortage that forced Gov. Brian Sandoval to issue a “statement of emergency” to bring more marijuana into the state.

Revenue for the first six months of 2017 in Colorado, Washington, and Oregon – the first three states to legalise marijuana for adult-use – ran 33% ahead of 2016, also indicating that the market is still growing, according to the report.

California is set to begin sales of recreational marijuana on January 1, adding a massive consumer base to the industry. And Canada is set to begin nation-wide sales on July 1, 2018.
“Our data shows positive indicators across the board for the legal cannabis industry, in North America and around the globe,” said Tom Adams, Arcview’s editor-in-chief. “That’s nothing compared to what we can expect in 2018 and beyond from Nevada’s tourism, and California and Canada planning to launch adult-use sales in 2018.”

The report notes that the projection hinges on the assumption that the federal government does not crack down on state-legal cannabis, nor does it assume that there will be a host of new states legalizing marijuana in the next few years.
Attorney General Jeff Sessions is a noted opponent of marijuana legalization, though the Justice Department has not yet indicated that it would seek to prosecute state-legal marijuana businesses.
Recreational marijuana is legal in seven states, and some form of medicinal marijuana is legal in thirty states. Marijuana is still considered an illegal Schedule 1 drug by the federal government, however.

A Gallup poll released in October indicates 64% of Americans support legalizing marijuana for both recreational and medicinal use, the highest support since Gallup first asked the question in 1969.
https://www.businessinsider.com.au/legal-weed-market-to-hit-10-billion-in-sales-...


Nice to see people like Marla paying pot taxes.  Smiley

We should legalise and tax pot smokers.

Only 1 party in Australia that makes policy on facts - http://www.ldp.org.au/cannabis


And you want to encourage young children to smoke pot, or at least normalize it?
Back to top
 

I will no longer pursue a policy of appeasement. To all the bigots, homophobes, and Islamophobes at OzPol...

CAESAR IS MARCHING WITH HIS LEGIONS.
 
IP Logged
 
Setanta
Gold Member
*****
Offline


Peace \/ man

Posts: 15972
Northern NSW
Re: Legal pot $10 billion industry in USA
Reply #5 - Mar 14th, 2018 at 10:31pm
 
If it stopped them getting into other poo like Meth/Ice, yeah. I might even have drink of ethanol with them. Cheers!

Back to top
 

nu ninda an ezzateni watar ma ekuteni
 
IP Logged
 
.JaSin.
Gold Member
*****
Offline


Australian Politics

Posts: 8364
Cloud 9
Gender: male
Re: Legal pot $10 billion industry in USA
Reply #6 - Mar 15th, 2018 at 4:05pm
 
I got no qualms about people smoking pot/tobacco/etc.

I've worked with them heaps.

Alas, 95% of them are complete mentally lazy idiots who just stuff up all the time (because all they can think about is the next 'puff') regardless of the type of work/job/duty to do.  Roll Eyes

Ever see a 'Stoner' drive a car - its like watching that old person who should have had their licence 'retired'. Real 'slow' to react stuff.

Yeah - legalise/criminalise. It doesn't matter. Either way it's a 'dopey' outcome for those who smoke.

If it wasn't for stuff-up Stoners out there, we would have no-one to take advantage of and exploit for 'capital gains'  Wink Wink Wink Wink <*evil laugh: "Muhaha">
Back to top
 

HERE, DRINK TO MY HEALTH & 'your' WINE
 
IP Logged
 
Lord Herbert
Gold Member
*****
Offline



Posts: 34441
Gender: male
Re: Legal pot $10 billion industry in USA
Reply #7 - Mar 15th, 2018 at 5:06pm
 
All the research shows that drivers on marijuana are way more safe on the roads than those under the influence of drink.

The best workers in the immigrant factories of Sydney were those who smoked a lot - and those who drank a fair bit. I was there to witness this paradox for 30 years.

The best teachers at private boarding school were the heavy boozers.
Back to top
« Last Edit: Mar 15th, 2018 at 5:12pm by Lord Herbert »  
 
IP Logged
 
.JaSin.
Gold Member
*****
Offline


Australian Politics

Posts: 8364
Cloud 9
Gender: male
Re: Legal pot $10 billion industry in USA
Reply #8 - Mar 15th, 2018 at 8:12pm
 
Lord Herbert wrote on Mar 15th, 2018 at 5:06pm:
All the research shows that drivers on marijuana are way more safe on the roads than those under the influence of drink.

The best workers in the immigrant factories of Sydney were those who smoked a lot - and those who drank a fair bit. I was there to witness this paradox for 30 years.

The best teachers at private boarding school were the heavy boozers.


Of course they were 'good' workers. Give a Seal his mackerel, he do some tricks for you.
Give the Zulu their 'snuff' - they'll throw themselves against British bullets.

Drunk Driver: Over-React
Stoned Driver: Under-React

Wink
Back to top
 

HERE, DRINK TO MY HEALTH & 'your' WINE
 
IP Logged
 
Lord Herbert
Gold Member
*****
Offline



Posts: 34441
Gender: male
Re: Legal pot $10 billion industry in USA
Reply #9 - Mar 15th, 2018 at 8:22pm
 
The No Smoking ban was waived when production fell and sickies increased.

Tongue
Back to top
 
 
IP Logged
 
freediver
Gold Member
*****
Offline


www.ozpolitic.com

Posts: 42776
I like fish
Re: Legal pot $10 billion industry in USA
Reply #10 - May 2nd, 2018 at 10:25am
 
This Topic was moved here from Drug Policy by freediver.
Back to top
 

It's God's job to forgive terrorists; it's our job to arrange the meeting.
WWW  
IP Logged
 
Page Index Toggle Pages: 1
Send Topic Print