“A lot people have trouble setting up their company correctly from a corporate structure,” said Allan Golod, chief operating officer at Diego Pellicer, a high-end recreational marijuana dispensary based in Denver. Since 2014, public and private companies put $1 billion in capital to work in the cannabis industry, according to a recent report published by Arcview Market Research, a research firm dedicated to the marijuana industry.īut behind the large sums of investment money pouring in and media excitement about this budding industry, marijuana dispensaries must tackle the same problem any new business faces: getting started. With that much green, the recreational marijuana industry is attracting entrepreneurs and deep-pocketed investors. Sales are projected to increase to $21.6 billion by 2021 representing a 26 percent compound annual growth rate. Regulated marijuana sales in North America totaled $6.9 billion in 2016, a 30 percent increase from 2015. Since Colorado’s landmark vote to be the first state to legalize recreational pot in November 2012, seven more plus Washington, D.C., have followed suit. In states with legalized recreational marijuana, business is blooming. => As recreational marijuana buds into a legitimate billion-dollar business, talent professionals are encountering challenges that are both familiar and new. => Pot Committed: How Marijuana Legalization Will Transform Talent => As recreational marijuana buds into a legitimate billion-dollar business from its seedy past, talent professionals are encountering business challenges that are both familiar and new. Pot Committed: How Marijuana Legalization Will Transform Talent Array
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