California’s legal marijuana market could be worth $5 billion

img_5115-600x450

Experts predict that California could soon create a new market worth more than $5 billion once the state’s recreational pot industry is fully operational.

A study by the University of California Agricultural Issues Center suggests that a legal marijuana market could generate said revenue once cannabis is regulated and taxed at 15 percent of its retail value, reports the Los Angeles Times.

Read the full article below

via California’s legal marijuana market could be worth $5 billion – Smell the Truth

This site uses Akismet to reduce spam. Learn how your comment data is processed.