We had a great time in Las Vegas last week for Marijuana Business Daily’s 5th annual Marijuana Business Conference and Expo. The energy was great following such great election results for the cannabis industry. In fact, people were so excited that the show not only sold out its 7,500 tickets, but it sold out an additional 2,500 tickets (and were still turning more people away) making this show one of the largest we’ve ever seen! Ten thousand people showed up proving that the cannabis industry is here to stay.
This is an exciting time for Cannabis. An estimated 84 million Americans will be affected by proposed cannabis legislation on the ballot next week. This is significant for the industry, marking a turning point in our country’s relationship with the plant. However, as more and more states come on board, it is inevitable that cultivation operations will begin multiplying at incredible rates. It is important that this innovative industry approach these new opportunities responsibly and in a way that shows the world that we understand and respect the resource constraints we are facing. The good news is that, because the industry is so young, we have the chance to set standards on how we will utilize resources.
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