Title: Cannabis Business Loans: Dispensary Financing and Marijuana Industry Investment – GUD Capital
Headings: Cannabis Business Loans: Dispensary Financing and Marijuana Industry Investment
Cannabis Business Loans: Dispensary Financing and Marijuana Industry Investment
Marijuana Business Funding
Medical and Recreational Marijuana Industry Analysis:
Cannabis Industry Trends:
Cannabis Business and Dispensary Loans:
Marijuana Industry Investing
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Content: This does not even include other related industries that are a part of the greater medical and recreational marijuana industry, such as growers, doctors, and so forth. This has helped many local economies thrive due to the effects of the legal marijuana industry. Jobs are created through this booming industry, which then generates profits to pay wages for those employees, who then spend some of their paychecks at local grocery stores, retail stores, and local restaurants. Then, all of these marijuana businesses pay endless amounts of money in state and local taxes – much of which is utilized to fund major state projects and even scholarships. In addition, these same businesses lead to benefits for the real estate and construction industry. All in all, the unrealized potential for economic benefits on a state level are almost unbelievable, but in the end, this will be one of the major selling points to convincing more states – and maybe even the federal government – to legalizing medical and recreational marijuana. Booming business growth inherently comes with increased job generation. The Marijuana Business Factbook 2017 has shown that the United States cannabis industry is responsible for 165,000 to 230,000 full and part time workers, quickly surpassing employment rates in other business sectors such as dental hygienists and bakers – and the marijuana industry is quickly on track to surpass telemarketers and pharmacists. A report from New Frontier Data has even shown that by 2020, the legal cannabis sector is expected to create more than a quarter of a million jobs – which is more than manufacturing, utilities, or government job prospects for the future. These numbers are astounding, especially when considering the legal pot industry is a relatively new sector;