Cannabis Statistics That Will Shock You
Did you know that the global cannabis market is expected to reach $2.8 billion in 2025?
It goes beyond medicinal and recreational products. The cannabis industry has disrupted the agricultural side, and the sector continues to grow. With national and international legalization, the cannabis industry has an inevitable future.
If you want to learn more about the marijuana industry, continue reading below for cannabis statistics that will shock you.
Table of Contents
- 1 1. The Cannabis Industry Is Growing at an Unprecedented Rate
- 2 2. The Cannabis Industry Is Worth Billions of Dollars
- 3 3. The Cannabis Industry Employs Thousands of People
- 4 4. The Surprising Health Benefits of Cannabis
- 5 5. The Cannabis Industry Is Helping to Fight the Opioid Crisis
- 6 Unexpected Cannabis Statistics
1. The Cannabis Industry Is Growing at an Unprecedented Rate
The demand for cannabis is increasing at a rapid rate base on cannabis statistics. It is estimated that the demand for cannabis will continue to grow exponentially in the next decade.
These numbers are fascinating, especially considering the fact that the industry is still in its infancy. It is expected that the industry will continue to grow at a rapid pace and that it will eventually be worth trillions of dollars.
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2. The Cannabis Industry Is Worth Billions of Dollars
Cannabis industry statistics can be pretty shocking. Did you know that the industry is worth billions of dollars? This is because cannabis is now legal in many states and countries.
Cannabis industry statistics show that the industry is worth billions of dollars because most of this value generated by the legal market, with the illegal market accounting for a much smaller percentage. The legal market is also responsible for generating billions of dollars in tax revenue for state and local governments.
3. The Cannabis Industry Employs Thousands of People
In recent years, the cannabis industry has seen explosive growth. Today, it employs thousands of people across the United States. Cannabis businesses are responsible for creating over 150,000 jobs in the United States, with the industry expected to make even more jobs in the future.
The industry is also responsible for significant tax revenue and is a primary driver of the economy. With such impressive growth and diversity, it’s clear that the cannabis industry is here to stay.
4. The Surprising Health Benefits of Cannabis
Cannabis is known for its therapeutic properties and is now used to treat various medical conditions. One of the most surprising health benefits of cannabis is its ability to treat cancer.
Cannabis use is associated with a decreased risk of obesity, according to a large population-based study. A large, long-term study found that people who smoke cannabis are three times less likely to die from hypertension than people who don’t smoke cannabis. Cannabis smokers are less likely to develop chronic bronchitis than tobacco smokers.
5. The Cannabis Industry Is Helping to Fight the Opioid Crisis
Cannabis industry statistics show that the marijuana industry positively impacts the fight against the opioid crisis. In states where medical and recreational cannabis is legal, there has been a significant decrease in the number of opioid-related deaths.
The cannabis industry is helping to fight the opioid crisis by creating jobs, generating tax revenue, and reducing the number of opioid-related deaths.
Unexpected Cannabis Statistics
In conclusion, the cannabis industry is booming and expected to continue to grow. These cannabis statistics show that the industry is increasing and becoming more accepted and normalized. If you are thinking about entering the cannabis industry, now is the time.
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