If California voters give approval to Proposition 64 this November to legalize cannabis for everyone 21 and older, the legal cannabis market will be worth $6.5 billion annually by 2020, a new report has found. According to the 2016 California Legal Cannabis Market State Profile, released by Arcview Market Research, California’s legal cannabis industry would …
Legal cannabis sales in the United States passed $5.4 billion in 2015, according to a new report released by the ArcView Group, which is a cannabis investment network. According to the report, the $5.4 billion represents an $800 million increase from 2014, when total sales of legal cannabis reached $4.6 million. “Many in the business …
The ArcView Group, a cannabis investment firm ran by SSDP co-founder Troy Dayton and cannabis entrepreneur and activist Steve DeAngelo, has brought in another million dollars+ to the cannabis industry and movement at an event in Denver, in addition to over $20,000 for flood relief, to be donated to the Lyons Community Foundation. The group …
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