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Wednesday, May 20, 2015 6:38:29 PM
Operations are the core of a strong medical marijuana business plan. It is important that there is a strong standard of operating procedures.
Radio frequency identification (RFID) technology is a key component in asset tracking. The industry is expected to grow 70% moving into 2016...that is HUGE.
Legal marijuana was a $700 million dollar industry in Colorado last year, Colorado retailers sold $386 million of medical marijuana and $313 million for purely recreational purposes. The two segments of the market generated $63 million in tax revenue, with an additional $13 million collected in licenses and fees. Look for a $1 billion dollar retail market 2016.
NSAV is well positioned
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