Things Americans should be Aware of About the Cannabis Industry
Most of the countries in the Western world have decided to legalize drugs. Marijuana has finally been legalized in Canada. It is important to note that the first country to make marijuana legal was the United States. However, people do not know that marijuana is growing at a higher rate. Here are certain things people should know about then cannabis industry.
Fifty percent of all the states in the United States have legalized marijuana. California is the first state to make marijuana legal. However, California legalized the drug for medical uses only. Over the years many states have followed suit to legalize the drug. However, several states have decided to make the drug legal for recreational and medical use. The chances of addiction when using cannabis are high as compared to its medicinal properties. All the research done on the drug shows that if you legalize marijuana, there are high chances that the country’s economy will rise.
Under the United States law, anyone selling cannabis has the obligation of paying taxes to the government. One interesting thing about making marijuana legal is that the crime rate has dropped. Most of the research on this matter shows that the crime rate has decreased since marijuana was made a legal drug. However, some people have been arrested for smoking the drug in public because they are not conversant with the laws against smoking marijuana in public.
Despite the government legalizing the drug, there is still a black market where people are buying this drug. the main aim of making marijuana legal was to stop these black markets. However, people continue to sell the marijuana on the black market. The main reason for this is that the government has introduced a heavy tax on the drug, which has forced people to sell the drug in the black market. All marijuana growers are looking for a way to ensure that the drug is more powerful. Most people are carrying out various studies on the drug to try to come up with a more powerful marijuana drug.
The marijuana market is becoming bigger by the day. The marijuana sales are rising per year. The rise in sales is because you can buy the drug in an open market. However, one shocking thing is the fact that most people are buying the drug for medicinal purposes as compared to buying the drug for recreational use. This is because when people buy the drug for medical purposes, they buy it in bulk. Concluding, you need to know everything you can about the marijuana industry.
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