This week Las Vegas is hosting the world's largest cannabis industry conference in the world at the Las Vegas Convention Center. It was only 5 years ago that the conference was hosting to only about 400 people, but this year they are expecting about 17,000 cannabis industry professionals, 700 cannabis exhibits and over 100 guest speakers. In such a short time the conference has gone from being small businesses and vendors to very mainstream and large businesses attracting people from allover. The industry now incorporates any and all legitimate aspects of business from banking and accounting to technology and investment interests.
About 400 people attended the initial iteration of the Marijuana Business Conference when it debuted in Denver in 2012. Back then, just 16 states had legal medical marijuana, and no states were selling recreational cannabis.
Now 29 states have legal medical weed. Eight states, including Nevada, have legalized the recreational product.
Reflecting that industry growth, the conference, which runs from Wednesday to Friday at the Las Vegas Convention Center, could see upwards of 17,000 pot professionals and investors this time around, said Chris Walsh, vice president of editorial and strategic development for Marijuana Business Daily, the Denver-based cannabis business news outlet that produces the conference.