What to expect in 2018 for cannabis growth
The cannabis market has grown to new heights since Colorado legalized Marijuana for recreational use in 2014. Since then several states have followed suit, and in doing so have helped to build a nation-wide market for cannabis users. In 2017 consumers spent 9.7 billion dank dollars on the plant in North America, and the numbers continue growing at staggering rates. Colorado has pulled in half a billion dollars of taxes into the legal cannabis economy.
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Marijuana Legalization 2018
9 States including Washington D.C. have legalized marijuana for recreation use creating a huge demand for cannabis and its products. Vermont blazed the trail by becoming the first state to legalize marijuana with legislation instead of a ballet vote. Jeff Sessions - White House stance has not been friendly for the booming dank business but still, cannabis prevails as a billions of dollars per year industry, in 2017 its growth proved to be sustainable in the US Market.
Prohibition started nearly 81 years ago and after all this time the positive vibes of cannabis have weathered the storm. A couple states that are looking for legalization in 2018 are Michigan and New Jersey. 2017 had many set backs despite what was thought to be a good year for the cause. Early this year in 2018 however, California and Vermont took that big step, a step that is worth billions and billions.
So what are some of the top picks for 2018? Some top cannabis strains include, Mimosa, Wonder Woman, Blueberry Widow, and Jack Horror. Delicious. Top companies taking advantage of this boom, Scotts Miracle - Gro, a tried and true gardening company looking to fill the spot as one of the oldest and largest cannabis interest out there. It would also be wise to keep an eye on pharmaceutical companies, just like you would imagine corporate companies are chopping at the bit to take over the cannabis industry, as well as synthetic marijuana.
Cannabis in 2018
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Article written by: I Heart Dank correspondent Chad Fox.
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