Higher Risks

As Legal Marijuana Legalization Spreads, Project Requirements Change Fast

The legal marijuana market is growing faster than a weed across the United States. It reached US$7 billion last year, according to an estimate by New Frontier and ArcView Market Research, and could bloom to US$30 billion by 2021 if all 50 states legalize marijuana in some capacity, according to GreenWave Advisors. Twenty-eight U.S. states and Washington, D.C., which together contain about 60 percent of U.S. residents, now have legalized the drug in some capacity. Pot shops are popping up to meet rising demand, but these construction projects aren't so mellow. Shifting requirements at the local and state level mean project managers have their work cut out for them.
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