Early marijuana sales ‘unbelievably high’ after legalization: U.S. consultant
Colorado’s marijuana industry churned out nearly US$2.4-billion in economic activity in 2015
The Globe and Mail (Canada)
Sunday, April 30, 2017
Sunday, April 30, 2017
A U.S. consultant hired by Ottawa to assess Canada’s eventual recreational pot market says jurisdictions that regulate cannabis should expect “unbelievably high” sales growth in the first few years as criminals are driven out of business. Adam Orens, a founding partner of the Marijuana Policy Group, said he is not yet authorized to discuss his findings on the future Canadian pot market because his organization is under contract with Health Canada. However, a look at the group’s estimates for Colorado’s regulated cannabis industry suggests Canada can expect its own sector to generate billions of dollars per year in direct and indirect economic activity.
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