The cannabis industry has surpassed the predicted revenue threshold thanks to the fast-growing edibles sector. The reason: the reason is pretty simple. You see, not all people inhale or vape cannabis. To experience the benefit of this “loyal herb”, the only option is to consume it in the form of edibles such as chocolates, candies, baked goods and gummies among a plethora of other cannabis-infused products.
The growing season is back and everyone is readying their farming materials to put plants in the ground. With the legalization of marijuana in most states in the U.S., more folks than ever are willing to try out their luck in cannabis farming. While this has proved to be a smart farming, how much do you really know about cannabis farming?
The legalization of marijuana in many states and countries has seen the industry grow at a rapidly. In a few short years, the cannabis industry has grown to tens of billions of dollars from virtually nothing in terms of revenue. The growth has not been because of any discovery or technological innovation like other rapidly growing industries. However, the projected rapid growth in medical marijuana is due to the changing societal attitudes and passage of more friendly legislation in some…
This is one of the most trending questions asked by the vast majority of cannabis investors. The cannabis industry has continued to grow exponentially thanks to the legalization of marijuana for both medicinal and recreational use. As the industry grows, numerous opportunities have emerged one of which is making cannabis edibles.
CBD or cannabidiol is a cannabis plant component that can be derived both naturally and synthetically and which has a wide range of medical benefits. Besides, it is non-psychoactive substance unlike the THC, which makes it an ideal option for many patients all over the world who suffer from serious diseases.
As of 2018, 29 states have already legalized marijuana for medicinal use with 9 of those legalizing it for both medicinal and recreational use. The results: Well, the results are nothing short of a growing industry that will be in a hot pursuit of professionally qualified employees to capitalize on what is now a multi-billion dollar industry.
Many people today prefer to grow marijuana for themselves in their houses for medicinal or other purposes. When it comes to growing plants indoors, LED grow lights are among the essential requirements. Consequently, there is a large variety of them available on the market today.
Although the marijuana industry has appeared not so long ago, we may now find numerous flourishing public businesses in this industry that do not sell the cannabis directly but gain significant revenue annually. How may this happen?
It’s amazing to see how the cannabis and the cryptocurrency markets have merged to take the cannabis industry to a new level. The collaboration of these two emerging markets has surely paved the way for the development of an array of tokens known as potcoins.
It’s said that the key to success is to invest in what you love most. For most cannabis enthusiasts, one way of making real money in this industry is by opening a marijuana dispensary in their local area. If we can divert a bit, let me mention that according to statists from ArcView Market Research, retail sales in the marijuana industry are expected to rise to a whopping $21.8 billion by 2020.