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CANNABIS Trading
Cannabis porpularly known as MARIJUANA is one of the fastest-growing industries, globally. In 2021, governments across the world took steps toward legalization and investors doubled down (paywall) on backing the technology that is helping to propel the industry forward.
The industry thrived despite an ongoing global pandemic, a supply chain nightmare and stalled progress on policies proposed to modernize the industry at the federal level. With the inevitable positive change on those fronts and a record-high percentage of Americans supporting legalization, the industry has the conditions in place to keep soaring to new heights in the coming year.
WHAT IS MARIJUANA
Marijuana is Now also Known as Cannabis, it is a plant, People use the dried leaves, seed oil, and other parts of the cannabis plant for recreational and medicinal purposes. It can have a pleasurable effect and may soothe the symptoms of various conditions, such as chronic pain.
the Future OF MARIJUANA
It’s the world’s most commonly cultivated, trafficked, and used drug; as the push for legalization at home and abroad grows, marijuana is garnering significant attention from investors, manufacturers, and researchers. Despite the plant being illegal under federal law as a Schedule I drug, the U.S. legal marijuana industry was estimated at $13.6 billion in 2019 with 340,000 jobs devoted to the handling of plants, according to New Frontier Data.1
A total of 35 states and the District of Columbia have legalized marijuana for medical use, 16 of which allow adults to legally use the substance for recreational use as of April 2021.2 And that number may continue to rise, as more people are accepting the idea of legalizing marijuana across the United States.
Cannabis Investment
Daily Live Chart on Cannabis
