The cannabis industry has experienced a rapid acceleration in growth over the past decade. As the push for legalization at home and abroad grows, marijuana is garnering significant attention from investors, manufacturers, and researchers. 

This book examines how legal marijuana will impact surrounding industries, such as real estate, financial services and apparel.

Although the plant is illegal under federal law as a Schedule I drug, the legal marijuana industry in the United States was estimated to be $13.6 billion in 2019 with 340,000 jobs dedicated to handling the plant, according to data from New Frontier.

A total of 35 states and the District of Columbia have legalized medical marijuana, with 16 of them allowing recreational use by adults as of April 2021. And this number could continue to grow as more and more people embrace the idea of marijuana legalization in the United States.

According to a Pew Research survey, 67% of Americans believe that marijuana use should be legalized. This is more than double that of 2000 -31%- and five times that of 1969, 12%. 

A New York University study found that the percentage of adults ages 50 to 64 who reported using marijuana had doubled over the past decade to 9%, and the rate of use among adults 65 and older had increased sevenfold over the same period to nearly 3%.

According to Coin analyst Vivian Azer, the U.S. cannabis industry will generate $85 billion in revenue by 2030. Taking this information into account, visit our website and join our community to be a part of this 90 billion industry.