Marijuana business to bank on edibles


BLOOMBERG: Dispensary owners report that digestible products are at least half of sales.

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U.S. sales of legal cannabis reached $5.4 billion in 2015, up from $4.6 billion the year before, according to ArcView Market Research.

…’It’s probably the most exciting segment of the marijuana industry,’ says Christian Hageseth, founder and chairman of American Cannabis Partners, a holding company for marijuana-related businesses. ‘We still haven’t identified who’s going to be the Apple computers or the McDonald’s hamburger or the Coca-Cola’ of edibles.

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