Things Americans Should Know Concerning the Cannabis Industry
Drugs have been legalized in almost all the Western countries. Canada is the latest country to make marijuana legal. However, the United States become the first country where people could easily buy marijuana for recreational use. However, not many people are aware of the fact that the cannabis industry is growing daily. Here are certain things people should know about then cannabis industry.
Marijuana has been made legal in half of the states in the United States. The first state the take the plunge and legalize marijuana was California. However, the drug was only made legal for medical uses only. Over the years many states have followed suit to legalize the drug. However, some states have gone a step further and legalized marijuana for both medical and recreational use. Cannabis is highly addictive, and it has less medical uses. According to all the studies carried out on cannabis it reveals that the economy of the country will increase if you make the drug legal.
You must pay taxes under the United States law if you are selling cannabis. It has also been noted that the crime rates have dropped since the drug was legalized in the United States. Most of the research on this matter shows that the crime rate has decreased since marijuana was made a legal drug. However, most people have been convicted for using the drug in public because they are not aware of the laws against smoking the drug in public.
However, there is still a black market where marijuana is sold despite the government making it legal. the main aim of making marijuana legal was to stop these black markets. However, it is unfortunate that people are still selling cannabis in the black market. This comes down to the fact that the government has introduced a hefty tax on marijuana forcing people to seek shelter in the black market. Most of the marijuana breeders are still looking for ways to make the drug more potent. Most people are carrying out various experimental studies on the drug to make it stronger.
The marijuana market is expanding on a daily basis. The marijuana sales are increasing annually. This comes down to the fact that the drug can be sold openly in the streets. However, it is shocking to note that the drug is being bought for medical uses as compared to buying the drug for recreational uses. The main reason for this is due to the fact the drug is being bought for medical uses in bulk. Concluding, you need to know everything you can about the marijuana industry.
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