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Big Money to Be Made in Small States
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Have You Considered Opportunities in Small Medical States?
July 24, 2016

Newly released data from New Mexico reveals rich new insights into dispensary operations in the state. In the first quarter of 2016, the top 10 dispensaries netted $4.9 million in sales, with a net income of just over $800,000. All but one of the operations had a profitable first quarter, with margins ranging from 10% to 39%. the gross profit of the top 3 dispensaries comprised 41% of the profits earned by the top 10 dispensaries, and 31% of the all dispensaries which reported earnings in Q1 2016.

New Frontier's John Kagia cited in...
Colorado Racks Up Almost Half a Billion Dollars in Weed Sales
in Five Months
Read the full article here.
Rescheduling Marijuana: Who are the Winners and Losers?
International Business Times
 
Small Businesses Prepare for Ohio Medical Marijuana Market Months before Regulations Announced 
Cleveland.com
 
First Medical Marijuana Available Next Week in Florida
Miami Herald
 
Definitive Guide to Marijuana on the 2016 Ballot: Recreational & Medical Initiatives
The Cannabist
 

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