The breakneck speed at which new industries can now emerge makes it an exhilarating time to be an entrepreneur. It also makes it a pretty difficult time to be one of the people charged with regulating these industries, with billion dollar businesses seemingly cropping up overnight and few rules for them to follow...

Oregon raked in $3.48 million from January recreational pot sales — the first month of the state's 25 percent tax — far outpacing the $3 million projected for the entire year.

Collecting those taxes is no simple task. More than half of Oregon's recreational pot dealers paying their taxes that month did so in cash, a symptom of the industry's yearslong struggle for banking access that's also a big security risk.

THE MARIJUANA ANALYTICS company Steep Hill doesn’t smell dank, or skunky, or “loud”—unless you happen to arrive when a client is dropping off a sample. No seven-pointed-leaf logos ornament the walls; no Tibetan prayer flags flutter from the doorframe. Inside, a half-dozen young scientists work in a glass-walled lab to the sounds of whirring ventilation and soft jazz. The effect is one of professionalism and scientific objectivity.

Fortune takes a look at the influencers on 4/20. 

America’s marijuana industry has bloomed in recent years with voters in more and more states voting to legalize pot in some form as public opinion on the drug seems to evolve with each generation.

Marley Natural cannabis products, made from organic Humboldt County crops, have launched in Bay Area dispensaries.

Four strains of cannabis and four types of cannabis oils are now available for purchase to patients at Harborside Health Center in Oakland, CBCB in Berkeley and SPARC in San Francisco.

The size of the market for legal marijuana in the United States is projected to grow to $7.1 billion in 2016, according to a report by New Frontier and ArcView Market Research. That represents 26% growth over the previous year, driven largely by adult recreational sales of marijuana, the researchers found.

Every entrepreneur dreams of discovering an untapped market where they could start with a low investment and build a huge business. If that’s you, consider the developing legal marijuana industry.

This sector is growing faster than ganja under grow lights.

The best part is, it’s early days for this — cough — budding sector.

“Whether novice or aficionado, knowing how to assess cannabis flower quality is key to having the best possible experience.”

All Cannabis is not created equal, and just as wine enthusiasts enjoy a user friendly tasting system and diamond buyers employ the “Four C’s,” Good Chemistry Nurseries, one of the industry’s most experienced Cannabis producers has now created a stylish, easy-to-use free consumer cannabis evaluation guide for assessing quality cannabis flower.

James I. Bowie is a sociologist at Northern Arizona University whose Emblemetric blog examines patterns and trends in logo design using quantitative analysis of data from the United States Patent and Trademark Office. Here at the Eye, Bowie shares a recent Emblemetric post about the brief history of uninspired marijuana logos.

For a Latin American narcotics kingpin, Guillermo Delmonte cuts a low key figure. The 29-year-old Uruguayan has never smoked cannabis in his life. He’s never smoked a cigarette either, and he barely drinks. When asked if he has any vices, he has to pause to think. “I’m addicted to orange juice. Perhaps,” he eventually says with a bemused laugh.

Sitting in his minimalist office overlooking Montevideo’s main square, and wearing an open-necked Ralph Lauren shirt and expensive blue jeans, he looks every bit the fitness-obsessed executive.