2016 will go down as an inflection point in the history of legal cannabis according to CEOs in the industry. More than a dozen states legalized recreational or medical marijuana in the last twelve months. Public opinion in support of legal cannabis has never been stronger. States are collecting millions in tax revenue and spending less on cannabis-related law enforcement.
Sales of this federally illegal substance are already in the billions - with profits all accruing to small businesses. Here, entrepreneurs in the industry reflect on the biggest changes they’ve seen since year.