Two new economic analyses project the marijuana industry for medical and recreational use will top $40 billion over the next five to 10 years. And if cannabis becomes legal nationwide, the industry could hit $100 billion by 2050, by some estimates…
Although marijuana is illegal federally, 39 states have legalized cannabis for medical or recreational use. That adds up to a $4.4 billion annual industry today, which is nearly comparable to Netflix sales, the U.S. florist industry, and the organic milk market. And that figure is rising higher every year, according to the Akrell Capital report.
GreenGro Technologies, Inc. is a publicly traded pink sheet corporation that provides manufacturing and sales of green, eco-friendly, sustainable vertical cultivation systems, and facilities design. GreenGroâs products and services are targeted at consumers, industrial farming operations. GreenGroâs products and services are designed to provide all of these customers solutions to achieve maximum efficiency, whether that be a balcony garden or industrial cultivator.
GreenGroâs Vertical Cultivation and Gardening Systems are based upon patent pending designs and manufacturing facilities recently acquired by purchasing the company Vertical Hydrogarden. This system is a revolutionary technology system that reduces the physical footprint of cultivating, while reducing energy costs and improving crop yields.
Company Name: PublicWire
Contact Person: Dave Donlin
Address:5850 TG Lee Blvd, Suite 300
Country: United States