Research from a cannabis investment firm, ArcView Group, found the legal cannabis market grew by 74% last year from $1.5 billion in 2013 to $2.7 billion in 2014. Surveys were sent to hundreds of retailers and other “ancillary” operations in the cannabis industry. In an interview with the Huffington Post, ArcView CEO Troy Dayton explains: In the last year, the rise of the ... Read More
Wait, What? Marijuana Crash in 2011?
Based on events over the last couple of years and burgeoning legal marijuana industry in Colorado and elsewhere, you would think the industry is booming. And it is, but just 3 short years ago, the story was much different. The story of the marijuana market — a business that thrived on the street for decades before developing the market sophistication to lead to a commodity ... Read More
Are Greenhouses the Future of Marijuana Production?
Cannabis was first grown outdoors, but as this article explains, the War on Drugs led growers indoors. In the 1980s,the indoor growing movement spread across the nation. "Indoor grown cannabis started getting a reputation for being better," TRiQ Founder and CEO Matt Cohen explains. “The fact it is much harder to grow cannabis indoors has a lot to do with that. It takes more ... Read More