Lee McPherson

Colorado grows annual cannabis sales to $1 billion as other states struggle to gain a market foothold 25% of people who traveled to Colorado between 2013 and 2018 listed cannabis as a reason. Marijuana legalization revenue now accounts for roughly 3% of the state’s $30 billion budget. Other states, including California and Oregon, have struggled to grow the market. Read more:  https://www.cnbc.com/2019/07/10/colorado-cannabis-sales-hit-1-billion-as-other-states-rush-to-market.html

While the legalization of cannabis for both medical and recreational use has come a long way, there are still plenty of states that still consider the drug to be illegal to possess. Twenty-nine states have legalized medical cannabis, and nine of those states have gone even further to legalize recreational cannabis. This leaves twenty-one states where cannabis is effectively illegal. Read more:  https://marijuanaediblesdenver.com/2015/06/30/blog-15314-traveling-with-medical-cannabis-what-you-need-to-know/ - Lee Freyer McPherson  www.LeeFMcPherson.com

Premium Cannabis Flower Cultivator to Open First Facility in Southern California with Permit Specifically for Cultivation  Read more:  https://www.benzinga.com/pressreleases/16/08/p8410176/canndescent-raises-6-5-million-in-seed-round-funding-largest-on-record- Lee McPherson - www.LeeFMcPherson.com

Canndescent is a provider of cultivation services intended to cultivate cannabis flower for medical purposes and adult-use. The company's services include a combination of world-class management and deep cultivation expertise and abandons traditional strain names, enabling customers to get cannabis flower produced, packaged and distributed in accordance with all state and local laws. Learn more:  https://pitchbook.com/profiles/company/166026-34 Lee McPherson Learn more about Lee Freyer McPherson here: www.LeeFMcPherson.com

California  —  Canndescent , a Santa Barbara, California-based cultivator of premium cannabis flower, has closed a  $6.5 million  seed round funding deal. Read more:  https://cannabisdailyrecord.com/index.php/2016/09/05/wire-canndescent-to-open-first-facility-in-desert-hot-springs-california-in-september/ Lee McPherson  Lee Freyer McPherson  www.LeeFMcPherson.com