2016 MEDIA

After selling off unprofitable divisions of the Babcock Lumber Company, the Babcock family began exploring new industries to invest in. Their search ultimately led them to an unexpected destination: the fledgling marijuana industry.

 

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Is there an opportunity to invest in Marijuna?

 

By and large, the U.S. cannabis market is defined as “markets composed of individuals who legally consume marijuana as allowed by state laws, together with the businesses that constitute the supply chain to serve those consumers,” according to ArcView Group, an investors network firm located in San Francisco.

 

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