How much money does the medical marijuana industry make

The US marijuana industry is worth billions of dollars, and is showing no signs of slowing down. Skip Navigation. Enter Your Email Address Warning goes here. Sign up to get job alerts relevant to your skills and experience. Even main street brands like Coca-Cola said they are considering joining the party.

Where is marijuana legal?

The cannabis industry includes everything from CBD products that treat anxiety, cancers, pain. As Yahoo! Finance points out, there is a compound annual growth rate joney With figures like that, it might be a good time to start thinking about investing in the industry. If you’re interested, The Motely Fool did some research on the best cannabis stocks to buy these days, and they include:.

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Well let’s do the math, generally it’s something like 6 to 20 strains at a time when in a dispensary. Each of which cost an average of 20 dollars a gram, and 60 dollars an 8th. If each plant harvested produces something around grams of bud not counting leaves and stems which can be used to make hash, tinctures, balms, edibles, or simply sell for people to make their own products from. If you have something like 6 plants per strain carried, lets say 10 strains, that’s 60 plants each of which with about grams of bud. Now let’s say you sell it only by the gram at 20 each, that would be , dollars made in that time. So in the end, you may end up with something like half to a third of what you made, and apart from your salary, that must be generally distributed back into the business.

KushCo Holdings

Polis told CNBC’s Scott Cohn that its first mover advantage in the cannabis business will be key to developing a much broader economic engine for the state than just tax revenue on marijuana sales. Find extraction technician jobs on Monster. With Canada set to how much money does the medical marijuana industry make the green flag on derivative products within the next couple of months, and the company no longer eating tariff costs, KushCo’s vape business could be a serious moneymaker in the years to come. Most Recent Cannabis Jobs. Search Career Advice. Related Articles. Illinois recently became the 11th U. Pat Evans. Mind you, this doesn’t Canopy Growth won’t indusrty successful going forward. You’ll often find him writing about Obamacare, marijuana, drug and device development, Social Security, taxes, retirement issues and general macroeconomic topics of. Maxim Cover Girl. Get In Touch. With buzz building across the globe, the momentum will continue into