The cannabis industry has been crossing lines.
Four states – Colorado, Oregon, Washington and Alaska – and the District of Columbia, have legalized recreational and medical use marijuana for adults. Twenty more allow medical marijuana. Advocates believe at least eleven more states may legalize it soon.
By the end of 2016, the legal cannabis market could approach $9 billion, and an estimated $35 billion by 2020. With this explosive growth, the image of a marijuana business owner has evolved.
Instead of mainly hippy growers in Northern California, another reality has emerged – businessmen in suits gathering at conferences, discussing business strategies to help them succeed.
What spurred this transformation?