“OK, it’s an apples and oranges comparison, but that doesn’t stop it from grabbing eyeballs. Arcview Market Research is reporting today that $1.43 billion in legal marijuana will be sold this year, and revenues will grow to $2.34 billion in 2014, a growth rate of 64 percent. By comparison the smartphone market grew 46 percent from 2012 to 2013. ‘Cannabis is one of the fastest-growing industries,’ said Steve Berg, a former managing director of Wells Fargo Bank and editor of the report, the second edition of the State of Legal Marijuana Markets. ‘Domestically, we weren’t able to find any market that is growing as quickly.'”
http://blog.sfgate.com/smellthetruth/2013/11/04/marijuana-industry-growing-faster-than-smartphones/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Gulf Arab youth get around segregation with smartphone flirting
European Union wins Nobel Peace Prize
President Obama Calls for Conscience Vote On Syria, Even If Public Opposed
Samaritans in Taiwan turn plastic junk into items for the needy
European monitoring of civilians still far less than U.S., but growing
Marc Faber vs. Jim Rogers Conversation - CNBC 10/4/2012
Government tax advisor quits after tape reveals him giving tips on avoidance
U.S. considering speeding up Afghanistan pullout
Britain Apologizes for Role in Libyan Dissident’s C.I.A. Nightmare
Unilever sees 'return to poverty' in Europe
Federal Reserve Economist On Bitcoin: 'Small Phenomenon But Growing'
Nepal’s tourism bureau promises to keep ‘tighter control’ of Mount Everest climbs
Cops Strip Search Mom, "Forcibly" Pull Tampon Out of Her for Stop Sign Roll
U.S. and Russia to bolster ties after Boston bombings
Argentina Devaluation Sends Currency Tumbling Most in 12 Years