Cannabis Consumer Products Company Launches First Equity Crowdfunding Campaign

The legalization of medical marijuana is taking over the United States. Oregon, Washington, and Colorado have seen massive tax gains from legalizing recreational use while California’s medical system continues to be a model for other states. Twenty-three states and the District of Columbia currently have made it legal, and it is pending in fourteen more.

[Related: [Watch] The Cannabis Market: Cannabis Entrepreneurs Create Culinary Magic]

The emerging $5.4 billion legal cannabis industry is expected to outearn the U.S. film industry and organics food industry. Total revenues generated from dispensaries, retail sales, and ancillary business is roughly $11.1 billion.

Med-X, Inc. (Med-X) is looking to capitalize on the expansion of this industry, by providing safe and healthy cultivation practices and education to consumers. Med-X, based in Los Angeles, is actively pursuing an equity crowdfunding campaign, the first

... read more at: http://www.blackenterprise.com/small-business/cannabis-consumer-products-company-launches-first-equity-crowdfunding-campaign/

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