New York, NY (PRWEB) March 16, 2015
GreenWave Advisors, LLC an independent research and advisory firm serving the burgeoning cannabis industry, has published a 35 page research report that provides a comprehensive and detailed analysis of current trends observed from an extensive compilation of data released by the state of Colorado. The report, “The State of Colorado: Year One – The Co-existence of a Legalized Medical and Adult Use Marijuana Market” details the first year in which both medical and recreational marijuana use have coexisted within the state's regulatory environment.
The report calls to attention the inherent evolution of consumer spending preferences in a dual marketplace, as the easing of recreational use restrictions has disrupted the growth rate of the presently constituted medical marijuana market. “As opportunities in the cannabis industry become more significant, investors will require more detailed information and analysis when evaluating potential investments,” said Matt Karnes, Founder and Managing Partner of GreenWave Advisors. Mr. Karnes added, “We believe growth in the U.S. legal marijuana industry is substantial and that it will continue to be fueled by the implementation of additional legalized marijuana markets across the country. Furthermore, we believe the results of Colorado’s first year in which it regulated both a medical and a recreational use marijuana market may have a profound impact on the development of policies in other states and perhaps eventual national oversight”.
The report is available for purchase on the company website http://www.greenwaveadvisors.com
GreenWave Advisors, LLC is based in New York City and is a research and advisory firm which serves the emerging cannabis industry.