Each retail dollar spent for medical cannabis could result in $2.40 in additional local spending

This isn’t the first study (referenced in the article linked below) that has suggested a number near $2.50 for indirect economic impact per dollar spent in dispensaries. In addition to that direct spending, this new industry will create revenues in other spaces as well. In fact, it appears as these auxiliary companies (those who don’t actually touch the plant) are already gearing up to interface with this brand new industry. This is a great story about a local Kansas City businessman who is trying to do just that.

Published by Eric

Lit Naturals founder, Eric McSwain, serves as Chairman of the Board for the Missouri Cannabis Industry Association. He is also a certified caregiver and patient. Eric's wife is also a caregiver and he also mentors several other caregivers in the state of Missouri. Eric's passion is for educating patients in the use of cannabis as well as at-home cultivation.