BG Group Strategy Update
Category : Business, World News
Exports related to the oil and gas industry grow for the 14th year in a row and are now worth £17.2bn, a survey suggests.
Originally posted here: Oil and gas sector exports grow
Category : World News
The contrast between rising house prices in London and falling prices elsewhere continues to grow, figures from the Land Registry show.
View post: London fuels house price divide
Category : Stocks, World News
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Anything Technologies Media Focuses On Major Medical Marijuana Opportunity for 2013
PR Newswire
FOLSOM, CA, April 17, 2013
US Medical Marijuana Sales could top $1.5B in 2013, Cannabis Revenues
Could Quadruple by 2018
FOLSOM, CA, April 17, 2013 /PRNewswire/ – Anything Technologies Media, Inc.
(Pink Sheets: EXMT) today announced that the company is shifting its
focus to the exploding Medical Marijuana opportunity in 2013 and
beyond. The company will still continue to do manufacturing for a wide
variety of media and other products, but looks to devote most of its
efforts to the Marijuana Industry.
(Photo: http://photos.prnewswire.com/prnh/20130417/TO227)
According to MMJ Business Daily retail medical cannabis sales in the
United States could hit an estimated $1.3 billion-$1.5 billion in 2013,
growing 10-15% from last year as the industry recovers from widespread
turmoil.
The long-term future appears even brighter: The legalization of
marijuana for adult use in Colorado and Washington – coupled with the
emergence of several new markets and continued overall growth on the
medical side – could boost overall state-legal cannabis sales to $3
billion in 2014 and $6 billion by 2018.
ATM with its acquisition of R-Quest Hydroponics and joint venture with
Whole Earth Systems looks to acquire more companies that support the
Medical Marijuana industry. The company is currently negotiating to
acquire a fertilizer company to supply growers in the medical marijuana
industry.
Dozens of MMJ centers are on track to open in Arizona – generating tens
of millions of dollars in revenues this year – while states such as New
Jersey, Rhode Island and Vermont as well as Washington DC are moving
forward with their dispensary programs. The Colorado, Oregon and
Washington State markets also are expected to grow, and there could be
an MMJ revival in several California cities such as San Diego and San Francisco.
In 2014, the emergence of cannabis retail stores in Colorado and
Washington could generate roughly $1 billion in state-legal cannabis
sales during the first full year of operation. The markets will
eventually be much bigger, but it could take time for the recreational
marijuana industry in those two states to reach its near-term
potential, in part because officials might look to prevent rapid growth
(Colorado and Washington are still crafting regulations). Several other
states are expected to pass medical or recreational cannabis laws this
year, which will further fuel growth in 2014.
R-Quest Hydroponics, Inc., is a Hardware and Software Manufacturing
Company with its headquarters in Placerville, California.

