Surprising facts about the marijuana industry
A Budding Industry
Marijuana, or cannabis, is now legal for recreational use in 11 states and the District of Columbia, and for medical use only in 22 states. But because it’s still classified by the federal government as a Schedule I substance, regarded as having a high potential for abuse and no accepted medical value, businesses and local governments in those states have largely had to forge their own paths in regulating and researching the long-illicit drug for recreational and medical markets.
The product’s novelty and complicated legal standing make this an industry like no other at present, so click ahead and dive into some of the most interesting trends and statistics to come out of the nation’s booming new cannabis business.
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