Things Americans Should Know Concerning the Cannabis Industry
Most of the countries in the Western world have decided to legalize drugs. Canada has finally taken the plunge and has made cannabis a legal drug. The United States became the first country in the Western world to legalized marijuana. However, people do not know that marijuana is growing at a higher rate. Here are several things that the Americans should be aware of concerning the cannabis industry.
Cannabis is legal almost half of the states in the United States. The first state the take the plunge and legalize marijuana was California. However, California legalized the drug for medical uses only. As the years went by, other states finally decide to make marijuana a legal drug. However, several states have decided to make the drug legal for recreational and medical use. Cannabis is highly addictive, and it has less medical uses. All the research done on the drug shows that if you legalize marijuana, there are high chances that the country’s economy will rise.
The United States government clearly states that you should pay taxes if you are selling the drug. Another interesting thing about legalizing cannabis in the United States is that the crime rate has gone down. The studies carried out on this topic have shown that since the drug was legalized for recreational use the level of crime has gone down. 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.
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. Unfortunately, people are still using the black market to sell cannabis. 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 experimental studies on the drug to make it stronger.
The cannabis market seems to be rising 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, 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. The main purpose for this is because people are buying the drug in bulk for medical use only. Concluding, you need to know everything you can about the marijuana industry.