Sentences with phrase «marijuana sales take»

As legalized marijuana sales take off in Colorado, here's what a pot business model and mature marketplace might look like.

Not exact matches

Meanwhile, marijuana remains illegal on the federal level, and Attorney General Jeff Sessions has recently taken steps that would allow federal prosecutors in states where weed is legal to decide whether to prosecute people over marijuana sales in a development that could threaten the burgeoning industry (or, at the very least, spur litigation from some of the states in question looking to keep the federal government from interfering with statewide legislation).
California governments are projected to take in as much as $ 1 billion annually in taxes and fees with recreational marijuana sales starting this year.
As well, there's sales materials, cabinetry, displays, ventilation, vaults, point - of - sale devices, security systems and everything else it takes to comply with regulations on medical marijuana dispensaries or recreational use shops.
Ballot measures approved in both states on Tuesday will take months to go into effect, with pot enthusiasts in Oregon having to wait until next summer to legally indulge and neither state likely to make marijuana available for commercial sales before 2016.
The question of whether or not legal marijuana takes of a bite out of alcohol sales has been hotly debated in recent years, with some research suggesting the two products are substitutes and other research suggesting cannabis and alcohol sales are complementary.
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