There are currently 21 states, along with Washington, D.C., and Guam, that have acted to legalize recreational marijuana. As more states across the U.S. legalize cannabis, both the global and local sales markets continue to grow. The cannabis industry is growing quickly but is a volatile environment for both companies and investors. As Parker Snyder, director of business development at ARCO National Construction New England division, Framingham, Mass., explains, the cannabis industry is highly dependent upon the price of a commodity that is not allowed to be traded interstate. "As the price per gram of cannabis falls, the facilities with the least cost of production-the most efficient-will win market share."
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