First Legal Cannabis Directory Spotlighting Consumer Reviews And Ratings Launched By CannabisRevu.com

NEW BRUNSWICK, NJ / ACCESSWIRE / March 15, 2016 / CannabisRevu.com has launched a unique cannabis directory featuring consumer generated reviews and ratings of legal cannabis retail dispensaries, as well as cannabis products and industry services. CannabisRevu.com identifies their website as “the original social meeting place for customer-generated reviews of all things cannabis.” The site is a free service for both consumers and businesses. Consumers of legal age are invited to post reviews and ratings of legal cannabis dispensaries and products. And, businesses can post business listings free of charge on http://CannabisRevu.com

CannabisRevu.com is the first of its’ kind crowd-sourced meeting place for legal cannabis products and services that spotlights consumer generated ratings and reviews. Most other industry directories simply offer business listings. Consumers who are of legal age in states, or countries, where cannabis is legal are invited to post reviews and ratings not only for legal cannabis dispensaries but also for cannabis brands, cannabis products such as vaporizers, as well as for businesses that service the legal cannabis industry including testing labs, lawyers, growers and more. While legal cannabis businesses can list their shops or services free of charge, businesses also have the option of purchasing enhanced listings or advertisements for a nominal fee. But for most businesses using the basic offerings and for all consumers, all aspects of the website are free.

In addition to consumer reviews, in the coming months the company plans to offer cannabis industry news, updates on the changing legal status of cannabis across the country, advertisements from cannabis dispensaries, ads for new cannabis brands, vaporizers as well as other related products. The company invites bloggers and writers to submit articles for publication.

The legal cannabis, or marijuana, industry is growing fast. According to industry analysts and investment analysts, and as reported in national media this past February, legal cannabis sales grew from $4.6 billion in 2014 to $5.4 billion in 2015. The firms releasing this industry data are also projecting $6.7 billion in 2016 and revenues of over $21 billion by 2020. So, the legal marijuana industry is taking off in a big way and Wall Street and corporate America are taking notice.

The industry is in its’ infancy but there are many obstacles to entrepreneurs entering the field. In many ways there is a wild west feeling to it all. One obstacle is that Federal banking laws are causing many banking restrictions including the inability for cannabis dispensaries to accept credit cards, thus creating an enormous security risk for marijuana retailers. Yet, even in these very early stages of what looks like the beginning of the end of cannabis prohibition, there are cannabis companies that trade on the public stock exchanges. And, some celebrities have established, or are rumored to be establishing, cannabis brands. Presently 23 states permit medical marijuana use and more states are expected to relax their laws in the coming years. However, on the national political stage, it is likely a long shot to expect much change in Federal regulations in the near term.

About CannabisRevu.com

CannabisRevu.com is a free directory for the legal cannabis industry featuring consumer generated ratings and reviews. Website users must of legal adult age. Void where prohibited.

SOURCE: Charles Sanderson Public Relations

ReleaseID: 437840