Friday, July 26, 2024

Snapshot: Everything You Need To Know About Today’s Cannabis Industry

The cannabis industry continues to be one of the most dynamic, fastest-growing sectors in the US economy. The first month of the year is not over and we’ve already had a ninth state to legalize (Vermont), a federal threat by Attorney General Jeff Sessions, a call for the Veterans Administration to allow returning soldiers to use medical marijuana and a slew of other headlines.

It’s a good time to take review of where we are as a nation as the nascent industry is on the precipice of explosive growth. Henry Steele, editor-in-chief of Business Student, provides an excellent primer here.

This infographic below illustrates the tremendous advancements the industry has made and examines the potential roadblocks ahead:

The Business of Cannabis
Source: BusinessStudent.com

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