6 Facts About Everyone Thinks Are True

Statistics you didn’t know of Cannabis Industry

Some time back the legalization of cannabis did not look like it would be accepted in the whole of America. As of now, about 33 states have accepted cannabis for medicinal use, and ten others legalized cannabis for pleasure uses. Read on to know some important and captivating facts about cannabis which will show that this industry has grown greatly and also show you the greatness reasons. Other important things which must be known about cannabis is that the cannabis market is dominating America. Cannabis sales globally should go to about $150 million by the year 2025 and America is expected to contribute to this huge sales rise.

At the moment, the American cannabis market is about $5.7 million which is four times the tobacco market and also big like the wheat market. The states in America that have allowed cannabis, just a few of them participate majorly in the cannabis market in USA. Going by the latest information there are seven states which spent millions on cannabis by 2017. However cannabis spending is expected to rise in these seven states. The complete legalization of cannabis is accepted by about sixty-two percent Americans.

Acceptance of cannabis has grown hugely throughout all age groups that had in the past not accepted the legalization of cannabis but now have favored legalization of cannabis as well. The growth of cannabis spending in America there are several cannabis businesses emerging in America. At the moment there are about 10,000 licenses for the businesses of cannabis in the United States. In terms of employment in the cannabis industry, this is a sector that employs more people than other large industries such as coal.

There are many jobs being created in the industry of cannabis for people who do not want to work in blue-collar and coal industries. The average salary for people working in the cannabis industry is about $58, 500 per year whereas the average salary for U.S workers per year is about $52,860. One can move to the cannabis industry if a person is looking to earning big and living a decent life.

The executive positions allowed for women in other industries in the United States is about fifteen percent. THC cannabis products and plants are mostly thought of by many people when they think if cannabis market. Cannabidiol markets are quickly growing also despite many of them joining the CBD industry and gaining from the non-addictive and non-psychoactive cannabis products. Cannabidiol treats a wide range of health concerns such as anxiety and arthritis. Presently, about 55 millions of Americans regularly use cannabis either for pleasure or medicinal purposes. The cannabis industry is undoubtedly growing, and these are statistics which I’m sure to have taken you by surprise.

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