When it comes to the, have you wondered how it has changed over time and how the industry has grown? Do you want to know more about the cannabis industry and what it had to offer over the years?
The cannabis industry has come a long way in the past few years. With more and more states legalizing marijuana for both medical and recreational use, the industry is growing at an unprecedented rate. This has led to new opportunities for entrepreneurs and investors, as well as new challenges for lawmakers and regulators. People are becoming more interested in what the market has to offer, and new devices and products are being developed by established brandslike Molino Glass to make it easier for people to use marijuana. Things are changing, and this development won’t stop anytime soon. In this blog post, we’ll take a look at how the cannabis industry has changed over time, and we’ll discuss some of the key trends that are shaping its future.
The early days of cannabis
The cannabis industry has been up and down for a very long time now and there have been many discussions around the topic both on a local and international level about what would happen with the consumption of cannabis.
Cannabis has been around for centuries now but for this discussion, we will be looking at the peak of cannabis use that started in the 60s and 70s with the rise of the hippie movement. In the 60s and 70s the consumption of cannabis for both medicinal and recreational purposes was illegal across the United States through the marijuana Tax Act which was signed in 1937. This act made the position or transfer of marijuana illegal throughout the United States under federal law.
In the 1960s and 1970s, with the hippie movement coming to a peak, marijuana consumption despite still being illegal became more and more popular and there was a war declared on drugs. Although during these years cannabis was illegal it was not yet criminalized, however in the 80s and 90s the consumption, possession, and distribution of cannabis and cannabis products was criminalized and punishable with jail time.
The current state of cannabis
The cannabis industry has come a long way since then and many places around the world have seen the benefits that cannabis has to offer their country both medicinally, and economically. Cannabis legalization started with most places around the world decriminalizing and legalizing the use of marijuana for medicinal purposes given that you have a prescription for it.
As of the year, 2012 states around America and countries around the world have slowly started to legalize and decriminalize the use, possession, and distribution of cannabis for both recreational and medicinal purposes.
although today there are still restrictions on how much cannabis you can have on your person at one time well how many plants do you can grow, the cannabis market is a big contributing factor to the economy today and it has so much to offer.
The legalization of cannabis has brought around many different consumption methods for people to try out from methods of inhalation to edibles, to topical applications, and more.
What the future of cannabis looks like
Something easy to say with clear certainty is that the future of the cannabis industry looks incredibly bright, and it is bound to grow endless amounts as the years go by. As more and more research is done on cannabis and the benefits that it has to offer more countries around the world will start legalizing the product and make it something that is easily accessible.
With that, the cannabis market will continue to grow and continue to extend its reach with more products available, more accessories, more locations to purchase cannabis, and more. This information proves to show that those who are planning on making their way into the cannabis industry within the next few years will likely be successful given they do everything legally and make sure that they have all of the correct permits.
The cannabis industry has a lot in store for the future and many people are very excited to see what is to come and what they will be able to have as the years go by.
Interesting Related Article: “5 Cannabis Products Shaking Up the Cannabis Industry“