Blum Holdings Inc (BLMH)

[BidnessMan]

Marijuana Lobby Grows As Legalization Spreads Throughout Country

Another area of uncertainty is President Donald Trump’s position on legal marijuana. Most of the focus has been on new Attorney General Jeff Sessions, who in the past has been a vocal opponent of legalized marijuana. So far he has offered no indication what, if any, changes he might make in the federal government’s approach to states making marijuana legal.

Marijuana remains illegal at the federal level.

With those caveats, the New Frontier Data report projects that by 2020:

Medical marijuana sales will have increased from $4.7 billion to $13.3 billion
Recreational marijuana sales will have increased from $2.6 billion to $11.2 billion
By 2025, total marijuana sales will reach $24 billion and almost 300,000 people will work in the industry

https://www.greenentrepreneur.com/article/289947