Unless you have been living in an underground bunker for the last five years, you must have caught a whiff of the legal marijuana industry booming in the 29 US states where consumption has been decriminalized.
Marijuana retail sales across the US accounted to $6.5 billion in 2016, and are predicted to grow to $30 billion by 2021. As more and more states have loosened legislation — or gone full whack and decriminalized for personal use like in Colorado, Washington, and Vermont — the industry surrounding the sale of the plant has blossomed from just growers, cutters, and dispensaries, to a whole weird and wonderful world of weed related companies.
While one in five Americans now lives in a state where it’s legal to grow and smoke marijuana without a doctor’s letter, this leaves four fifths of US citizens looking on from a distance, watching opportunities billow up in the air, without being able to join the fun.
So if you don’t live in a state with legalized recreational or medical marijuana laws, how can you still benefit from other states’ marijuana industry boom?
Think outside the box
As the legal marijuana industry has evolved, so have the different types of companies that are eying up their piece of the pie. From weed PR companies, 3D printers for bongs, to an incredible range of hemp based products, for smart entrepreneurs looking to get their share of the green stuff (money) there are many ways to tie yourself and your expertise to the