The cannabis industry is slowly becoming one of the most profitable industries in the United States, and people are buying the herb because of the health benefits that it provides. According to the latest report, the sales from marijuana in North America have grown to $6.7 billion in the year 2016 alone, and it is growing at a rate of 30% annually. Experts agreed that the marijuana industry is among the fastest growing industries in the United States, and it is projected to earn $10 billion revenue in the year 2018, depending on its legalization in other states across America. If marijuana is widely legalized across the country, it is expected that $35 billion will be collected from the industry by 2020. In fact, marijuana is considered as a major crop in the United States, trailing only after corn as the country’s largest crop, and it is worth $40 billion.
The growth of the marijuana industry is attributed to the health benefits that it provides to its users. There are several health benefits that can be obtained from using cannabis. According to oncologists, the spread of cancer cells can be slowed down if someone will regularly use cannabis. In San Francisco, a top research laboratory was able to stop the spread of cancer cells in someone who was diagnosed with breast cancer, using only cannabidiol oil. It had a positive outcome, and the scientists rejoiced the discovery. Check out this site for more information.
Another health benefit of smoking pot can be observed to those who are suffering from Alzheimer’s disease. An active ingredient found exclusively in cannabis helps to slow down the effects of Alzheimer’s disease, and people who have used the plant have shown positive results. Marijuana also causes the pressure inside the eye to be lowered down, resulting in the prevention of glaucoma. People who are suffering from glaucoma can develop blindness, and using cannabis prevent it from happening. Marijuana is also known for relieving arthritis, and there are also successful clinical trials concluding that marijuana could control epileptic seizures. Marijuana is also known for its positive effects in combating neurological disorders and other respiratory diseases.
The positive effects of marijuana especially when it comes to someone’s health created another industry – which is the marijuana delivery sector. Companies like Weedhub specialize in the delivery of marijuana, and cities like San Francisco have a thriving economy based on the delivery of cannabis. The trajectory of cannabis delivery is expected to rise to a multi-billion-dollar industry as more people in large cities like San Francisco resort to cannabis delivery for their daily supply of marijuana. There have been reports stating that people would prefer to have the plant delivered straight to their home versus buying it from a regulated store.
There will be more innovation surrounding the cannabis industry that could be introduced in the future. According to the major players of the industry, they will create new techniques and methods on how the plant can be sold to more customers in different states across America. Watch out for this booming industry because it’s growing fast!
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