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Exactly! This is GO! GO! GO FOR $CGRA ~legalized cannabis market could be as large as $46 billion

The trade journal Medical Marijuana Business Daily currently estimates that a fully legalized cannabis market could be as large as $46 billion per year, while more conservative observers peg it at anywhere between $10 billion and $40 billion.
In 2006, Jon Gettman, a former head of the National Organization to Reform Marijuana Laws (NORML) and an adjunct professor of public administration at Shepard University in West Virginia, published a paper estimating the scale of American marijuana production. Through an analysis of government eradication efforts over the prior three years, Gettman found that marijuana would be one of the largest cash crops in the United States if it were legal, and was already “the top cash crop in twelve states, one of the top three cash crops in 30 states, and one of the top five cash crops in 39 states.”

In addition, “five states (California, Tennessee, Kentucky, Hawaii and Washington) had marijuana crops worth over $1 billion,” with the national pot crop worth more than our national soybean and wheat crops combined.
Not all of the money to be made will come from selling marijuana to consumers as a drug. While only the female buds of the plant cannabis sativa contain adequate levels of the chemical THC (tetra-9-hydrocannibol) to cause a “high,” the rest of the plant has a variety of applications that may pique the interest of small and big business alike.

Hemp—as the non-intoxicating parts of the cannabis plant are called—is used in over 25,000 products worldwide, according to a 2013 report from the Congressional Research Service, and is used frequently in products sold by companies like The Body Shop and Whole Foods, which are forced to import their hemp products due to U.S. laws prohibiting the cultivation of any kind of cannabis. The same report estimated the current size of the U.S. hemp market at about $500 million, with a large potential to grow should its products be more widely available for sale (both inside and outside of the United States).

Read more http://dollarsandsense.org/archives/2014/0314schneider.html

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