Warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/thcfinder.com/public_html/includes/functions.php on line 98
This Landmark Marijuana Bill Would Move Cannabis to Schedule III | THC Finder

Cannabis Blog

This Landmark Marijuana Bill Would Move Cannabis to Schedule III

Category: Legalization | Posted on Mon, April, 17th 2017 by THCFinder

The Marijuana industry is growing rapidly, and at the moment it seems as if nearly everyone wants in.

According to cannabis research firm ArcView, legal cannabis sales in North America surged by 34% last year to $6.9 billion, and by 2021, sales of legal weed are expected to top $22 billion. Investment firm Cowen & Co. is arguably even more bullish, calling for $50 billion in legal pot sales by 2026, which works out to a compounded annual growth rate of more than 23%.

This growth rate is all thanks to the rapidly changing opinion of the public and a number of legislators in select states. National pollster Gallup, which has been keeping tabs on the public's opinion of marijuana for nearly 50 years, notes that 60% of respondents were in favor of a national legalization in its 2016 poll, an all-time high. Comparatively, just 25% felt the same way back in 1995.

Read More:https://www.fool.com/investing/2017/04/16/this-landmark-marijuana-bill-would-move-cannabis-t.aspx


Comments
 
Comments


Recent Articles






';

Search





Blog Categories