Greenspoon Marder's net income shot up 42.3 percent in 2016 and gross revenues increased 17.2 percent as the firm expands in both corporate work and in the national legalized marijuana sphere.
February 09, 2017 at 03:00 AM
1 minute read
Greenspoon Marder’s net income shot up 42.3 percent in 2016 and gross revenues increased 17.2 percent as the firm expanded in both corporate work and in the national legalized marijuana sphere.
Gross revenue climbed from $104.5 million in 2015, to $122.5 million in 2016, resulting after expenses in a net income of $55.5 million, up from $39 million the year before. The firm reported a profit margin of 45 percent.
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