Alex Thiersch: Will 2016 Be the Year of Cannabis?

The prospects of legal cannabis in 2016 have come a long way in the last two years. In 2014 the cannabis industry exploded when legal sales of cannabis for personal use began in Colorado and Washington State, the Rohrabacher amendment finally passed in the House of Representatives, and the sky did not come crashing down. It seemed like the floodgates opened as business interests began to take notice and the gains of that year (74% market growth in 2014 according to the ArcView Group) bled…

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