Business

Craigslist is not a website that can be effective for a market as dynamic and unique as the legal cannabis industry. However, in Washington D.C., that is exactly where people are forced go to obtain their technically legal marijuana. In November 2014, the District of Columbia voted to legalize recreational marijuana, and yet Congress has done everything in its power to block implementation, forbidding any kind of organized system to be put in place for now-legal users to buy and sell marijuana.

Legal recreational weed sales grew 232% in 2015, making marijuana one of the nation’s fastest growing sectors, according to a report from the cannabis industry data and analysis firm New Frontier.

Coming in second was the electric vehicle industry, which grew by 222% last year, followed (by a large margin) by the solar panel installation industry, which grew 60%, and the Big Data sector, which grew 40%.

The cannabis industry as a whole (recreational and medical combined) still grew an impressive 31% in 2015.

Sounds pretty good, right? In almost two years of recreational sales, Colorado is experiencing the pros and cons of supply and demand. In a recent study conducted by Convergex, a global brokerage company, it is apparent that the price of weed has dropped pretty dramatically.

If you’re an adult in Oregon you can currently only buy recreational cannabis in a medical marijuana dispensary that sells it. But that is supposed to change by early next year when recreational marijuana retail shops begin to open up.