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Legal Cannabis Industry Anticipates Growth

Legal Cannabis Industry Anticipates Growth

Legal Cannabis Industry Anticipates Growth
November 18
18:48 2016

Legal Cannabis Industry Anticipates Growth

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Nov 16, 2016, 09:07 ET

PRNewswire/ — – The share of Americans who favor legalizing the use of legal cannabis continues to increase. According to Pewresearch, 57% of U.S. adults say the use of cannabis should be made legal, while 37% say it should be illegal. A decade ago, opinions on legalizing marijuana was nearly the reverse – just 32% favored legalization, while 60% were opposed. Green Cures & Botanical Distribution Inc. (OTC: GRCU), GrowbBox Sciences Inc. (OTC: GBLX), Marijuana Company of America Inc., Greengro Technologies Inc. (OTC: GRNH), Cannabis Science Inc. (OTC: CBIS), MCig Inc. (OTC: MCIG).

These polls showed to be true this election cycle when California, Massachusetts, Main and Nevada voted to legalize recreational cannabis for adults. The shift in public opinion is expected to be the reason the legal cannabis market is forecasted to grow at a 30% annual growth rate by 2020. This is according to a research report which was jointly released by New Frontier and ArcView.

Green Cures & Botanical Distribution Inc. (OTC: GRCU) just announced late yesterday, “Purple Haze Properties and Green Cures & Botanical Distribution exhibit today at the 5th annual MJBizCon, which is by far the longest running, biggest and most respected show for the cannabis industry. Over 7,500 cannabis industry leaders attending and over 300+ Cannabis related exhibitors with 3 days of all-new sessions and speakers, attend insider-only breakfasts, roundtables & parties. The entire marijuana business ecosystem will be at the RIO Las Vegas under one roof.

Purple Haze Properties will be showcasing a wide variety of cannabis products related to Jimi Hendrix and other celebrity brands they represent. Purple Haze Properties will be featuring the complete “California Finest” line of Jimi’s Cannabis Collection. Which includes the Purple Haze pre-rolled American Cannabis Cigarettes, Purple Haze Cannabis in an air sealed can, Purple Haze Oil Cartridges, Wax, Rosin Oil and Inhalers. Colorado product Services will also highlight Jimi’s Edibles — products sold in Colorado. Silverstate Trading will also be featuring the Purple Haze and Little wing Cannabis lines being sold in Nevada.

Green Cures & Botanical Distribution Inc.’s “Hollywood Hemp” celebrity division will be featuring the full line of skin care products at the Purple Haze Properties booth and will preview the new Jimi Hendrix and Digital Underground beverages slated for distribution this holiday season. “We look forward to showing all the great celebrity products represented by Purple Haze Properties,” states CEO, Andrew Pitsicalis.

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