“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:
U.S. tire magnate blasts France's 'so-called workers'
Inside ‘Liberland,’ the Place of No Taxes Where Crowdfunding Rules
German tax probe prosecutors act on new Swiss data leak
Halifax and Lloyds customers unable to use cash machines or pay at checkouts after 'systems failure'...
German army's crisis role widened
New York ‘soccer mom’ accused of $3 million marijuana operation
U.S. police seek 'blunt impact projectile' weapons
3-D printer wows world’s top tech fair
Church of England declares war on payday loans firm
Snowden spy squabble deepens as U.S. is accused of hacking China
Police Caught Planting Drugs In Small Business
Koreas declare commitment to full denuclearization, ending 70-year war
Students say they will continue protesting ‘war criminal’ David Petraeus
Britain considers recruiting convicted computer hackers for cyber-defense
Dubai to Build the First Air-Conditioned Mini-City