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The Pot Industry: A Hotspot For Women Entrepreneurs

Submitted by Marijuana News on Sun, 08/09/2015 - 06:33

Jazmin Hupp thinks its long past time for women to lead an industry. The one she has in mind happens to be the fastest-growing in the county—the cannabis industry.

Hupp and her co-founder, Jane West, run Women Grow, a network for women in, or who want to be in, the marijuana industry. The opportunity is big. Marijuana is now legal, to varying degrees, in about half of states. Legal sales totaled about $2.7 billion last year, up from $1.5 billion the previous year, and are projected to reach 10.8 billion by 2019, according to the ArcView Group, an investment and research firm covering the industry. “We’ve had artificial barriers up to this point, and as those disappear, millions of dollars will flow in to the industry,” says Hupp.

Women also have a chance to shape the pot industry, as it doesn’t have a glass ceiling they have to break ....

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URL: 
http://www.forbes.com/sites/susanprice/2015/08/05/the-pot-industry-a-hotspot-for-women-entrepreneurs/

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