By Ioan Grillo / GlobalPost
According to a new report by The ArcView Group, a cannabis industry investment and research firm based in California, legal marijuana sales rocketed 74 percent in 2014 to a new high of $2.7 billion.
And with more states legalizing weed — Alaska, Oregon and Washington, D.C., voted to join the legal stoners in November — it predicts this growth pace could continue for several more years straight.
However, winners in some places often mean losers in others. And the losers appear to be south of the Rio Grande: Mexican marijuana growers, who’ve provided the lion’s share of cannabis for American smokers for decades.