Marijuana Business Factbook 2019

Marijuana Business Factbook 2019 Chapter 2 | State-By-State: Legal Overview, Market Data and Outlook 170 © Copyright 2020, Marijuana Business Daily , a division of Anne Holland Ventures Inc. You may NOT copy this Factbook, or make public the data and facts contained herein, in part or in whole. For more copies or editorial permissions, contact CustomerService@MJBizDaily.com or call (720) 213-5992, ext. 1. MARKET OVERVIEW Estimated number of consumers in the district 125,000-150,000 SUMMARY What to watch in 2020 The hush-hush approach to commercial marijuana in the District of Columbia shows no signs of abating in 2020. City officials have no plans to revisit its strict restrictions on marijuana advertising nor allowing cannabis beyond personal use and cultivation. Still, Washington DC is frequently influenced by political changes happening both nationally and in the neighboring states of Maryland and Virginia, both of which loosened medical cannabis regulations in 2018. Entrepreneurs will be watching this small market for incremental advances in business opportunities while keeping an eye on thawing opposition in the U.S. Congress and any impacts that could have in lawmakers’ backyards. Marijuana Business Opportunity Rank for 2020 C+ With recreational cannabis still limited to personal cultivation, there is not an abundance of new opportunities at this time. There are some opportunities for ancillary companies focusing on home-grow supply in DC. Community outreach for medical marijuana should continue to incrementally increase patient counts and sales. WASHINGTON DC Recreational continued