Surprise! A Recreational Marijuana Bill Was Just Introduced in This Midwestern State

There aren’t many industries out there that can claim the type of consistent growth that the marijuana industry has been delivering for the past couple of years. In 2016, according to cannabis research firm ArcView, legal sales of pot grew by 34% in North America to $6.9 billion. Yet with $46.4 billion of sales still tied to the black market, there’s a bounty of opportunity for growth, mostly on the recreational, adult-use side of the equation. 

According to investment firm Cowen Co., the legal marijuana industry could gobble up a majority of black market sales by 2026, assuming marijuana more at