07:24
HOUSTON — The executive leadership of asset management company Taylor Consulting, Inc. (OTCBB:TAYO) will travel this month to Nevada to begin scouting promising real estate acquisitions in a state expected to soon join Colorado, Washington and Alaska as a top marketplace in the rapidly expanding U.S. cannabis industry.
Nevada, where medicinal cannabis is legal, is widely expected by industry watchers to be among the next five states where adult-use cannabis will be legalized, joining Alaska, Oregon, Washington and Colorado. The cannabis market in Nevada is expected to grow 341 percent in 2015, according to a recent report by ArcView Group, a market research firm and investment network specializing in legal cannabis. In addition to dispensaries and growing facilities, growing demand is also bringing in a flood of new ancillary businesses to Nevada, from accessory vendors to greenhouse manufacturers and security officers to lawyers.
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