Ventura Cannabis and Wellness Corp CVHIF

Cali cannabis to grow

[lscfa]

Industry analysts forecast sales of recreational marijuana in California to rise from over $3 billion in 2019 to over $6.5 billion by 2025. Driven by the large population of cannabis consumers, more municipalities allowing marijuana sales, and delivery service innovations, California's legal cannabis industry is expected to grow again in 2020 with an estimated 300 new retail stores opening and over 5,400 licensed farmers, ensuring adequate supply. Californiamunicipalities are removing moratoriums that prohibited recreational marijuana sales and beginning to compete to attract cannabis businesses as they see the tax revenue and job creation potential. Delivery services in the state are another driver of marijuana sales growth, with the ability to deliver next-day, state-wide.
 

https://www.newswire.ca/news-releases/vext-science-announces-joint-operation-agreement-with-green-goblin-inc-of-san-diego-california-872033230.html