Three Surprising Industries That Would Benefit If Marijuana Was Legalized
When it comes to fast-growing industries, there may be none with better growth prospects than marijuana. Based on some estimates, legalizing marijuana across the country could lead to a $35 billion market. Separately, NerdWallet has suggested that legalizing marijuana would generate around $3.1 billion in annual tax revenue for states and potentially the federal government. Where are we now? Colorado recently announced that monthly marijuana sales topped $100 million for the first time ever in August, putting its marijuana industry on pace for more than $1 billion in …
Industrial Hemp Gaining Traction In Colorado’s Agriculture Scene As Viable Crop
Two years ago, Rick Trojan and his team at Colorado Cultivars found a wild hemp plant growing on the side of the road. It looked kind of like a Christmas tree, he said. They brought it into their greenhouse and began doing research, cultivating different strains of hemp so they could plant each section of their field in Eaton with one specific type. That one plant turned the company into one of the largest hemp operations in the country. This past year, the company grew about 300 acres of hemp in its first growing season. This…