Things Americans Should Know Concerning the Cannabis Industry
Most of the countries in the Western world have decided to legalize drugs. Canada has finally taken the plunge and has made cannabis a legal drug. However, the United States become the first country where people could easily buy marijuana for recreational use. 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.
Marijuana has been made legal in half of the states in the United States. California is the first state to make marijuana legal. However, California legalized the drug for medical uses only. The rest of the states decided to legalize the drug over the years. However, some states have gone a step further and legalized marijuana for both medical and recreational use. Cannabis is still regarded as a drug with high chances of addiction with less medical properties. The plethora of research done on the drug, it has been proven that legalizing marijuana will increase a country’s economy.
You must pay taxes under the United States law if you are selling cannabis. One interesting thing about making marijuana legal is that the crime rate has dropped. The research carried on this matter proves that in the states where marijuana was legalized for recreational purposes crime has dropped. However, several people are not aware of the laws against smoking the drug in public and have been arrested for smoking it in public.
Despite the government legalizing the drug, there is still a black market where people are buying this drug. The main aim of legalizing the drug was to stop these black markets. However, people continue to sell the marijuana on the black market. The main reason for this is that the government has introduced a heavy tax on the drug, which has forced people to sell the drug in the black market. Most of the marijuana breeders are still looking for ways to make the drug more potent. Scientists are doing various scientific studies on the drug to ensure that marijuana is more potent.
The marijuana market is expanding on a daily basis. The marijuana sales are increasing annually. The main reason for this is because the drug can be sold in an open market. However, it is shocking to note that the drug is being bought for medical uses as compared to buying the drug for recreational uses. The main purpose for this is because people are buying the drug in bulk for medical use only. The final thing is that you should get all the information you can concerning the marijuana industry.