BOSTON, Feb. 12, 2018 /PRNewswire/ -- The National Cannabis Industry Association (NCIA), a national trade association representing the businesses of the legal cannabis industry, has announced Boston, Mass., as the new location for Seed to Sale Show, hosted at Hynes Convention Center from Feb. 12-13, 2019, according to a press release.
Seed to Sale Show is a national show focused solely on innovative best practices, science and cutting edge technology surrounding the whole life cycle of the cannabis plant grown, processed and sold in a regulated market.
The news was announced at Seed to Sale Show 2018 in Denver, Colo., where the event has resided for the past two years. From 2017-2018, the conference and trade show drew more than 5,000 cannabis professionals and 275 industry-leading exhibitors.
The decision to relocate the event to Boston was influenced by the November 2016 election when Massachusetts voters approved Ballot Question 4, legalizing the adult-use of cannabis. Retail sales of legal cannabis are expected to begin in Massachusetts in July and are projected to reach $450 million in its first six months of sales. Recent reports from cannabis industry analysts also project statewide sales to reach $1.2 billion by 2021, bringing in approximately $240 million in state and local tax revenue. Many are these projections are attributed to Boston's high population density and close distances between states in the Northeast. Cross-border sales are expected to be more of a phenomenon in Massachusetts than in Western states that have legalized cannabis.
At this time, all of the New England states have either decriminalized or legalized cannabis. Similar to Massachusetts, Maine legalized the adult-use of cannabis during the November 2016 election. Earlier this year, Vermont made history when its Governor and House of Representatives signed into law and voted to legalize full legalization measures. New Hampshire, Connecticut and Rhode Island have all decriminalized cannabis and adopted medical cannabis programs.
"There is a massive opportunity in New England to build a robust, thriving cannabis industry and as the industry's only national trade association, it's our responsibility to ensure the success of these newly legalized markets," explains Aaron Smith, executive director of NCIA. "To promote the growth of a responsible and legitimate cannabis industry we rely on three foundational pillars: advocacy, education and community. Our conferences and trade shows are a full expression of these pillars, and we look forward to supporting the growth of the Northeastern cannabis markets.
For more information and updates about Seed to Sale Show 2019, please subscribe to NCIA's newsletter by visiting www.SeedToSaleShow.com.