The states that have legalized cannabis products have seen a significant increase in tax revenues. A recent report by New Frontier Data, estimates that the legal cannabis market is expected to generate approximately
“During this tough economy, states are looking for any way to close their budget shortfalls and it appears that cannabis may hold an answer for them. New Frontier Data looked at the potential revenues that could be generated from state cannabis taxes and found that in this year alone, states could raise nearly
As previously announced,
Driven by increasing product demand and brand visibility, Convectium projects full-year 2017 revenues of
“We have evaluated numerous investment prospects in the cannabis space, and found there is nothing that compares to this opportunity we have with Convectium,” states
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The Legal Cannabis Market Projected to Rise
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