The budding Marijuana industry has attracted a legion of "ganjapreneurs" seeking the chance to cash in on the US movement to legalize and legitimize Cannabis. ArcView Group, a "hub for investment, data and progress" estimates the industry will drive around $7 billion in revenue during 2016. This number is predicted to jump to over $22 billion by 2020. As more and more states join the movement to legalize, control and tax, a new generation of startups are seeing an opportunity to be part of the first wave to establish profitable marijuana based services.
As with most startups, seed capital...
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