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Federal Reserve Bank Examines Marijuana Industry’s Growth - Cannabis News
Tax revenue has continued to rise, helping to fund public service programs and the state’s general fund, but the Fed report’s authors write that experts don’t anticipate the rate of that growth can be sustained in the long-term if sales continue to steady.
The Federal Reserve Bank Of Kansas City recently issued a report looking at Colorado’s marijuana market, ultimately concluding that the cannabis industry is primed to continue to grow as public support for legalization increases, although perhaps not quite at the rate seen in the early years of the policy change’s implementation.
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Kyle Jaeger ~ MarijuanaMoment.net ~
- Written by Bruce Kennedy - Editor in Chief
- Category: Cannabis News