Today, Oregon voted to legalize marijuana which represents a major change that we are seeing all over the US as more states are bringing the decision to their voters. Although a few states have voted to legalize weed, many states are still voting no. However, from a non-political standpoint, the legalization of marijuana is a great opportunity for businesses and the economy.

Many entrepreneurs are excited to be able to open up shops where they can sell retail marijuana, especially since the legal marijuana market is expected to grow 64% in the next year, from $1.44 billion to $2.34 billion. With estimated sales market growth like this, it’s no wonder more businesses are trying to get into the market and establish themselves.

Take Kush Bottles for example; it’s a start up company attempting to relieve a pain that many customers fear: pot-infused edible treats can end up in the hands of children. Its main value proposition is that it sells all sorts of child-proof vials and containers for any weed-related needs. Now Kush Bottles is considering going public, which is a great demonstration of the steps the US has taken away from the criminalization of marijuana. With such a sudden change in the market, it will be interesting to see how businesses will compete with each other and manage to stay stable.