Like in much of the world, cannabis remains federally illegal for cultivation, sale, and possession in the United States. Despite this, many states have legalized the drug for recreational use. The first states to do so were Colorado and Washington in 2012. As of 2021, 18 states plus the District of Columbia have legalized cannabis for recreational use. Every state has its own rules regarding cultivation, possession limits, and sales. Despite the COVID-19 pandemic, the market for recreational cannabis in the U.S. grew substantially in 2020. Total sales increased by over 50 percent compared to 2019 to reach 11.6 billion U.S. dollars. California is the single largest market in the U.S., worth 4.4 billion dollars in 2020 and already triple the market size of the first year of legalization. Flower and pre-rolled joints have been the predominant cannabis products since the market's inception but they are slowly loosing their position. Market share for these products has declined from 57 percent in 2017 to 46 percent in 2020. Vape and edible products have been the beneficiaries. The tax generated from recreational cannabis has been a big motivator for states to legalize sales. California gained over a billion dollars in tax revenue in 2020 and Washington generated over 600 million.
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Downriver Hydroponics is a Michigan-based indoor garden supply center in Wayne County. Founded in 2011, Downriver Hydro is the area's largest hydroponics store, with annual revenues approaching $10 million. With the acquisition of Downriver Hydro, GrowGen's portfolio of hydroponic garden centers now includes 53 stores across 12 states, with seven of those locations in Michigan.
GSD has three open dispensaries, the maximum allowed under its permit, at heavily trafficked highway locations throughout the central region of the state, as well as approximately 30,000 sq. ft. of operational cultivation and production facilities. An additional 75,000 sq. ft. of cultivation is under construction.
Sierra Well is dedicated to making medical marijuana approachable. Their commitment is to provide exceptional service and quality medicinal cannabis to Reno, Sparks, Carson City, and surrounding areas.