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Some Wisconsin companies find opportunity in growing market for legal marijuana – Marijuana News

Vessel Verde, a division of Wausau's Roastar Inc., produces child-resistant plastic pouches for retailers of marijuana-infused products. Image: Rostar Inc. via Milwaukee Wisconsin Journal Sentinel

The rapidly growing marijuana industry — legal to some degree in much of the country — is providing a still-small but potentially fertile bed of opportunity for companies in Wisconsin and other states where the drug remains outlawed.

Vessel Verde, a division of Wausau's Roastar Inc., produces child-resistant plastic pouches for retailers of marijuana-infused products. Image: Rostar Inc. via Milwaukee Wisconsin Journal Sentinel

A few firms here have actively positioned themselves as suppliers to pot growers and processors, viewing the sector as a logical extension of markets they already serve.

And some are selling to marijuana companies — hundreds have sprouted in states such as Colorado and Washington — but don't want to speak publicly about it.In either case, they're tapping a market with retail sales that have nearly doubled over the last two years, to somewhere between $2.7 billion and $3.1 billion in 2015, industry watcher Marijuana Business Daily estimates.

Click here to read the complete article

Rick Romell ~ Milwaukee Wisconsin Journal Sentinel ~

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