Things Americans should be Aware of About the Cannabis Industry
Almost all the countries in the Western world have made the usage of drugs to be legal. Canada has finally taken the plunge and has made cannabis a legal drug. It is important to note that the first country to make marijuana legal was the United States. Many people do not know how the cannabis industry is growing on a daily basis. Here are several things that the Americans should be aware of concerning the cannabis industry.
Fifty percent of all the states in the United States have legalized marijuana. The first state which legalized marijuana was California. However, the drug was legalized for medical purposes only. Over the years many states have followed suit to legalize the drug. However, there are states where marijuana is legal for medical and recreational purposes. 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.
Under the United States law, anyone selling cannabis has the obligation of paying taxes to the government. 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, 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 efforts of the government to make marijuana legal, it is still sold in the black market. the main aim of making marijuana legal was to stop these black markets. However, people continue to sell the marijuana on 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 studies on the drug to try to come up with a more powerful marijuana drug.
The marijuana market is expanding on a daily basis. The marijuana sales are increasing annually. The rise in sales is because you can buy the drug in an open market. However, it should be noted that people are buying the drug for medical uses and not for recreational purposes. 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.