The Pot Business Is Starting Off Even Better in Oregon and Washington Than It Did In Colorado
Sales for this industry keep moving higher.
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The cannabis industry is on a roll, according to the latest survey from brokerage firm Convergex.
Marijuana for both medical and recreational purposes is seeing "vibrant" growth as more U.S. states have opened legal markets, Convergex wrote. The team, led by analyst Jessica Rabe, says, "Our Colorado contacts reported steady pricing and customer traffic compared to three months ago, and brought in $576 million in retail marijuana sales last year – 84 percent more than in 2014."