In the orange glow of grow lights, Aaron Justis is checking on his crop of medical marijuana. It’s a tiny room, not much bigger than an average kitchen, in the back of his dispensary in the Los Angeles suburb of Studio City. But after last week’s election, Justis says, he’ll need a bigger greenhouse. Much, much bigger.
“I think it will just snowball what’s already been happening,” Justis says, “and really be the true tipping point to ending the war on cannabis.”
California’s medical marijuana industry is currently worth just under $3 billion, according to Josh Drayton, deputy director of the California Cannabis Industry Association.
Now that Californians voted to legalize recreational pot, the industry could more than double by 2020, according to an estimate from market research firm Arcview.
– Read the entire article at CBC News.