By Matt Agorist
An “exhaustively researched” report by analysts with ArcView Market Research show that the legal weed biz is exploding — exponentially.
According to the report, the legal sales of this amazing plant have jumped 17%, to $5.4 billion, in 2015 and they will grow by a whopping 25% this year to reach $6.7 billion in total U.S. sales.
The marijuana industry is quickly becoming a market force to be reckoned with.
According to The State of Legal Marijuana Markets report, the legal cannabis market will see a whopping $21.8 billion in total annual sales by 2020. By comparison, at that point, according to Fortune, the legal marijuana market could be bigger than the National Football League, which saw roughly $12 billion of revenue last year but is aiming to reach $25 billion by 2027.
These numbers are staggering considering the first time recreational marijuana was sold legally in the United States was only two years ago in Colorado. The tax revenue from legal weed has politicians, in states where the plant will get you thrown in a cage or killed, chomping at the bit to tap into the high times windfall.
2016 could be a record year for ending the war on pot as ballots are underway in Arizona, California, Maine, Massachusetts, Michigan, and Nevada, while a handful of other states could also put legalization to a vote.
Over the last two years, a paradigm shift has begun as the State’s reefer madness crumbles and polls are showing that now, a majority, 58% of Americans back legalization.
The legalization of cannabis can not happen fast enough. Aside from recreational use, cannabis research for the treatment and prevention of disease is proving to be nothing short of miraculous. From healing broken bones to treating PTSD and killing cancer cells, the benefits of this plant are seemingly endless.
Despite cannabis prohibition, even politicians are starting to break the law to provide people with cannabis. Rep. Allen Peake, a Georgia lawmaker, admitted that he defies unjust cannabis prohibition by bringing medical cannabis into Georgia from states where it is legal, such as Colorado. He recently delivered medical cannabis to a mother whose son suffers from seizures.
As Fortune reports, ArcView expects the legal pot market to show a compound annual growth rate of nearly 30% over the next few years. “I think that we are going to see in 2016 this next wave of investors, the next wave of business operators, and people who’ve sort of been watching or dipping their toe in, really starting to swing for the fences and take it really seriously,” ArcView CEO Troy Dayton said in an interview.
The times are changing, and those who continue to throw people in cages or kill them for possessing a plant are being exposed for the vile tyrants they are. No amount of State-sponsored violence and force can stop the idea of ending the war on marijuana whose time has indeed come.
Matt Agorist is an honorably discharged veteran of the USMC and former intelligence operator directly tasked by the NSA. This prior experience gives him unique insight into the world of government corruption and the American police state. Agorist has been an independent journalist for over a decade and has been featured on mainstream networks around the world.
It is time to party!! Kick out the jams brothers and sisters. NO voting for the three major faux political parties; its time to use the internet as politicians are as obsolete as the military for creating PEACE and SECURITY. The alien/military/industrial/complex (AMIC) must be taken to the junk yard and dismantled for spare parts and spending money. The AMIC need to light up and leaves US alone.
YAY! cannibis (cbd and thc) plant is ready to be the best medicine on the planet.
also material for paper to clothes to cars and from medicine to fuel.
BTW: PAUL – I couldn’t agree more – very well stated (I’ve not heard of AMIC)
Dont get too excited, friend. Big Pharma will have a strategy in place to recoup any lost cancer cash. mass vaccination…
And some of those states, wanting to cash in, decided to make the taxes so high that they’ve recreated the same black market they wanted to get rid of.
This is going to get nasty, however, when folks start curing their cancer with Cannabis (CCC)… the multibillion dollar a year cancer “treatment” scam is going to fight back with everything it’s got!
And might as well make a prediction: Virginia will be the 50th state to allow medical weed. If we get another state in the next 20 years, Virginia will be 51st.
Does anybody else agree that something smells ‘off’ here? Im from Australia, but im most interested in what happens in the US; we need to be. I saw Obama giving speech on tv few weeks ago and he made the statement about the goal of curing cancer. He already knew what the plan was in creating more support for government. Ever notice how they give us something and then take something away? They have already done a deal with big pharma me thinks. They wont be giving up something as lucrative as the cancer cash cow without something to replace it. Get ready for MASS vaccination programs people!
What has happened to our freedom our country our lives is it a big pharma causing us grief ? Well Take a good look at the last 50 some years and ask yourself is it really worth having a war on drugs .? War on drugs drugs folks the very thing big pharma shoves down your gizzards but they get a free ride for ruining your body . War on drugs is a joke like the refer madness scare and all for the super rich thugs that ruins your lives .Vote Trump and he will change all this .