Selling drugs is a recession-proof business model. From MSBC:
Medical marijuana is now a $1.7 billion market, according to a report released Wednesday by See Change Strategy, an independent financial analysis firm that specializes in new and unique markets. The figure represents estimated sales of marijuana through dispensaries in states with medical marijuana laws. It is the first time a definitive dollar figure has been given to the emerging medical cannabis industry.
To put that number in perspective, sales of medical marijuana rival annual revenue generated by Viagra, a $1.9 billion business for Pfizer.
The rising sales are generating growing interest from entrepreneurs and even some venture capitalists as the medical marijuana market is expected to nearly double in the next five years just in the 15 states where the drug has some protection under the law. If another 20 states pass medical marijuana laws -- as the study projects is possible -- the market could grow to $8.9 billion in 2016.
I just will never understand this artificial partitioning. It comes as no surprise to anyone that liquor and tobacco are great money makers REGARDLESS OF RECESSIONS, but when other unapproved drugs do it, it's a magical surprise. America had cannabis cafes, cooks once had cannabis in their spice shelves. But hey, our Presidents never made mistakes so we never have to learn from them so we can keep repeating them. We'll get that darned military industrial complex onna these days I'm sure of it! Just need a few more presidents to...oh shit, they stopped speaking against that a while back. Hmmm.. Okay, well, let's get fucked up till we forget about it!
Oh my, wagon wheel of existence, I travel your circumference but it just keeps going. I zoom across your radius and out of the circle. Pass it to the left, unless you are in the UK, everybody roll your own. Proper fucked.
Love you.
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