"Change is Coming" Central Theme at Marijuana Business Conference & Expo

LAS VEGAS, Nov. 14, 2018 /PRNewswire/ -- MJBizDaily's Marijuana Business Conference & Expo (MJBizCon), the largest gathering of cannabis professionals worldwide, kicked off this morning in Las Vegas.

"For the first time, I can potentially see a federal change coming within the next year," said Founding Editor and VP of MJBizDaily, Chris Walsh from the stage.

"There will be a big crack in the marijuana legalization dam in the U.S.," continued Walsh. "There is so much pressure building up in significant areas - in the business community, in the investor world, in the general population, on the international stage, in healthcare and science - that lawmakers will have to change the legal landscape sooner rather than later."

Cannabis retail sales in the U.S. are expected to reach $9B in 2018, $24B in 2022, according to Walsh and the newly updated Marijuana Business Factbook. If federal changes come about, the figures will grow exponentially.

Walsh's additional predictions for the nascent industry included: at least 6 countries will legalize medical marijuana, one will legalize recreational; the Canadian bubble will pop…or deflate; three states will legalize medical or recreation (NJ, Il, NY?); and a sizable mainstream American company will make a major play.

The Marijuana Business Conference & Expo continues through the end of the week at the Las Vegas Convention Center. This is the largest, oldest and most trusted B2B cannabis trade show. With more than 1,000 exhibitors and 137% growth in net square feet of exhibition space, 150+ top-notch speakers and more than 65 education sessions in total, MJBizCon provides the maximum opportunities for serious business discussions, informative seminars, and high-impact networking events.

MJBizCon is for the entry-level, mid-career, and sophisticated professionals alike, looking to drive business agreements and forge valuable connections.

Since 2012, Marijuana Business Daily's annual conference has been the biggest networking opportunity of the year. Attendees include a dynamic mixture of industry veterans, top newer firms, and emerging launches. All key industry sectors are fully represented: dispensaries and rec retailers, wholesale growers, professional and financial services, infused product makers, private equity investors, ancillary products and tech, and testing labs.

Contact: Tess Woods, [email protected]

SOURCE Marijuana Business Daily