{"id":2221,"date":"2013-11-06T08:24:51","date_gmt":"2013-11-06T08:24:51","guid":{"rendered":"http:\/\/www.marijuana.net\/?p=21645"},"modified":"2013-11-06T08:24:51","modified_gmt":"2013-11-06T08:24:51","slug":"legal-marijuana-industry-growing-faster-than-smartphones","status":"publish","type":"post","link":"https:\/\/cannitrol.com\/blog\/legal-marijuana-industry-growing-faster-than-smartphones\/","title":{"rendered":"Legal Marijuana Industry Growing Faster Than Smartphones?"},"content":{"rendered":"<div id=\"wp_fb_like_button\" style=\"margin:5px 0 5px 5px;float:right;height:100px;\"><script src=\"http:\/\/connect.facebook.net\/en_US\/all.js#xfbml=1\"><\/script><fb:like href=\"https:\/\/cannitrol.com\/blog\/legal-marijuana-industry-growing-faster-than-smartphones\/\" send=\"true\" layout=\"standard\" width=\"450\" show_faces=\"false\" font=\"arial\" action=\"like\" colorscheme=\"light\"><\/fb:like><\/div><p><img loading=\"lazy\" width=\"500\" height=\"500\" src=\"http:\/\/www.marijuana.net\/wp-content\/uploads\/smartphone.jpg\" class=\"attachment-post-thumbnail wp-post-image\" alt=\"smartphone\" title=\"smartphone\" \/><\/p>\n<p><a rel=\"attachment wp-att-21647\" href=\"http:\/\/www.marijuana.net\/news-and-articles\/legal-marijuana-industry-growing-faster-than-smartphones\/attachment\/smartphone\/\"><img loading=\"lazy\" class=\"alignleft size-thumbnail wp-image-21647\" title=\"smartphone\" src=\"http:\/\/www.marijuana.net\/wp-content\/uploads\/smartphone-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a>At some point, everyone will have the power of the internet in the palm of their hands. \u00a0Although the \u201csmart phone\u201d has witnessed a dramatic rise in popularity, it should be a safe bet to assume the industry is poised to continue to be the fastest growing in the future, right? \u00a0They should be cheaper and easier to use so the market should still be unreachable. \u00a0Perhaps we should not be so quick to draw that conclusion.<\/p>\n<p>According to Steve Berg, a former managing director of Wells Fargo, this may not be the case.\u00a0 The smart phone industry grew by 46%, when comparing 2012 to 2013, a tremendous increase.\u00a0 However this number is dwarfed by the 64% increase legal marijuana experienced during the same time period.\u00a0 Mr. Berg recently said that \u201cCannabis is one of the fastest growing industries.\u00a0 Domestically, we weren\u2019t able to find any market that is growing as quickly.\u201d<\/p>\n<p>Of course we do not mean to be misleading.\u00a0 The smart phone industry is considerably larger than legal marijuana. \u00a0This type of market growth may not expand at such a high rate every year. \u00a0However, we at\u00a0<a href=\"http:\/\/marijuana.net\/\" target=\"_blank\">marijuana.net<\/a> were surprised that any industry could experience an almost 20% higher increase than smart phones, even if just this once.<\/p>\n<p>The legal marijuana market is wide open, with more investors and money expected to come on board, especially with the federal government indicating they will soon get around to regulating it.\u00a0 Steve Berg also said \u201cEntrepreneurs and private investors are flocking to cannabis markets.\u00a0 Those who really understand market dynamics will reap large rewards.\u201d\u00a0 We are glad he agrees,\u00a0<a href=\"http:\/\/marijuana.net\/\" target=\"_blank\">marijuana.net<\/a> has long predicted that the next economic boom will be fueled by green.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" width=\"500\" height=\"500\" src=\"http:\/\/www.marijuana.net\/wp-content\/uploads\/smartphone.jpg\" class=\"attachment-post-thumbnail wp-post-image\" alt=\"smartphone\" title=\"smartphone\" \/><\/p>\n<p><a rel=\"attachment wp-att-21647\" href=\"http:\/\/www.marijuana.net\/news-and-articles\/legal-marijuana-industry-growing-faster-than-smartphones\/attachment\/smartphone\/\"><img loading=\"lazy\" class=\"alignleft size-thumbnail wp-image-21647\" title=\"smartphone\" src=\"http:\/\/www.marijuana.net\/wp-content\/uploads\/smartphone-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a>At some point, everyone will have the power of the internet in the palm of their hands. \u00a0Although the \u201csmart phone\u201d has witnessed a dramatic rise in popularity, it should be a safe bet to assume the industry is poised to continue to be the fastest growing in the future, right? \u00a0They should be cheaper and easier to use so the market should still be unreachable. \u00a0Perhaps we should not be so quick to draw that conclusion.<\/p>\n<p>According to Steve Berg, a former managing director of Wells Fargo, this may not be the case.\u00a0 The smart phone industry grew by 46%, when comparing 2012 to 2013, a tremendous increase.\u00a0 However this number is dwarfed by the 64% increase legal marijuana experienced during the same time period.\u00a0 Mr. Berg recently said that \u201cCannabis is one of the fastest growing industries.\u00a0 Domestically, we weren\u2019t able to find any market that is growing as quickly.\u201d<\/p>\n<p>Of course we do not mean to be misleading.\u00a0 The smart phone industry is considerably larger than legal marijuana. \u00a0This type of market growth may not expand at such a high rate every year. \u00a0However, we at\u00a0<a href=\"http:\/\/marijuana.net\/\" target=\"_blank\">marijuana.net<\/a> were surprised that any industry could experience an almost 20% higher increase than smart phones, even if just this once.<\/p>\n<p>The legal marijuana market is wide open, with more investors and money expected to come on board, especially with the federal government indicating they will soon get around to regulating it.\u00a0 Steve Berg also said \u201cEntrepreneurs and private investors are flocking to cannabis markets.\u00a0 Those who really understand market dynamics will reap large rewards.\u201d\u00a0 We are glad he agrees,\u00a0<a href=\"http:\/\/marijuana.net\/\" target=\"_blank\">marijuana.net<\/a> has long predicted that the next economic boom will be fueled by green.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[52,1549,56,9,70,2124,1,3,738,61],"tags":[2632,4117,2636,5,4692,3311,6],"_links":{"self":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts\/2221"}],"collection":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/comments?post=2221"}],"version-history":[{"count":0,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts\/2221\/revisions"}],"wp:attachment":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/media?parent=2221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/categories?post=2221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/tags?post=2221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}