Once medical marijuana becomes a legitimate part of the healthcare industry, Big Pharma could suffer the loss of billions of dollars, a new report finds.
A bill allowing cannabis as a qualifying condition for difficult menstruation and menstrual cramps passed the New York Assembly Health Committee on Tuesday.
A new report from Marijuana Business Daily estimates that the total demand for marijuana in the cannabis industry is worth around $45-$50 billion in the US.
Marijuana Business Daily reports rec marijuana sales could increase by 45 percent next year, and the marijuana industry could bring in $70 billion by 2021.
Lawmakers assembled in the nation’s capital to generate interest in a proposal that would end marijuana prohibition and make marijuana legal nationwide.