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Report Projects Puerto Rican Recreational Cannabis Market Worth Over $500 Million

A pro cannabis trade group in Puerto Rico is hoping to advance the discussion of full recreational cannabis reform on the island. To this end, they have just released a report which predicts how recreational cannabis legalization might benefit the U.S. territory, located just southeast of Cuba. According to the analysis, the maturation of the industry here would take about five years and would take a trajectory seen in the development of the casino vertical, which developed here in the early decades of the twentieth century.

The island is not the only jurisdiction to consider this kind of economic development,

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