Business News
One person’s trash is another’s treasure
There is an emerging cannabis sector that turns plant refuse and post-extraction leftovers into marketable products that range from animal bedding to construction materials.
If the U.S. legalized cannabis today…
It would be a $28 billion market, growing to $41 billion by 2028, according to Barclays analysts. They also found that marijuana tax revenues are already ahead of alcohol tax revenues in Colorado, Washington state and Nevada.
Note to investors: Be optimistic, but careful
The marijuana industry has strong potential especially after legalization for recreational and medicinal use. However, investors should be careful as several industry stocks have already skyrocketed even as the industry has been tagged as highly volatile.
