THE CANNABIS INDUSTRY FOR ALL
No industry in the United States and beyond has experienced so much controversial and administrative bottlenecks as the cannabis industry.
From being a Schedule 1 drug to imprisoning users, especially people of color, for possessing as little as an ounce. Yet the industry still survived, and thanks to constant debates by Congress, backed by cannabis researchers, the cannabis plant is now legal for medical and recreational uses in almost every state in the US.
After so much scrutiny, the legal cannabis trade is rising and fast becoming a global industry. With hundreds of cannabis firms like us (Lucky Chuckie) seeking to have a stake in the industry and create cannabis products like no other. With that in mind, we change the narrative and encourage people to prioritize investing in this lucrative yet competitive industry for a better life.
With record-high demands for cannabis in the US, cannabis spendings could hit an estimated $32B by 2022. All of which is based on the findings conducted by BDS and ArcView Market Research. With medical marijuana already made legal in the US, ten other states have legalized the medical and recreational use of cannabis. A situation (cannabis legalization), which was already in existence since 2018 in Canada.
However, many firms like us (Lucky Chuckie) benefit from the 2018 Farm Bill, which legalized hemp in the US. The inception of this bill was pivotal and, of course, opened the door to a wealth of market opportunities for many firms like us, and why not you.
As the cannabis industry continues to grow, evolve and attract new investors, it must be flexible in this ever-changing landscape. Much of which surrounds the legalization of the drug with the different states in the US and the world. Starting a cannabis-related business or investing in the cannabis industry isn’t so complicated, provided you know and understand the laws regulating the industry. However, there is hope,and with firms like us Lucky Chuckie already finding their feet in the industry, then you can make it too. Making it easier to find weed in dc.
The cannabis industry is growing, all of which is reflected in the growing use of cannabis today. However, and until the drug is made legal across all states in the US, the industry will still be faced somechallenges. Most of which will not only impede the growth of the industry but make it hard for investors and businesses to operate successfully.
Therefore, it is critical for participants and investors of this industry to be appraised when it comes to the constantly changing laws and, most importantly, be flexible to these changes.
