Medicinal marijuana company doubles revenue but struggles to break even

Sales in the legal marijuana business are blazing hot, brushing $6.7 billion in 2016 — but projections are expected to climb even higher to as much as $20 billion in sales by 2021, according to cannabis research firm Arcview Market Research.

Despite the uptick in overall sales, the industry is still struggling to find its footing as those in the public space continue to battle turning a profit.

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Source: Medicinal marijuana company doubles revenue but struggles to break even