Representatives in the emerging medical marijuana industry have been quick to incorporate See Change Strategy’s market analysis into their advocacy work:
The $1.7 billion medical marijuana industry made its lobbying debut in Washington on Wednesday with its official trade association launching an effort for changes in federal tax law that would put medicinal purveyors on equal footing with fully legitimate businesses.
From an underground movement to a legal business in California, 14 other states and Washington, D.C., medical marijuana is emerging as a full-fledged commercial sector with sales that might soon rival those of Viagra, advocates said.
“We simply feel that our industry should be treated like any other legitimate industry,” said Aaron Smith, director of the National Cannabis Industry Association. He spoke at a news conference kicking off the association’s first day of lobbying, which included meetings with lawmakers on Capitol Hill. [San Francisco Chronicle]