The cannabis industry is expanding drastically – particularly in the US – where more states are opting for the legalisation and decriminalisation of cannabis products. In 2019, Wall Street’s cannabis analyst predicted the cannabis market to be worth $80 billion by 2030. Today, recreational cannabis or, as some states refer to it, “adult-use cannabis” is legal in 19 states along with Washington, DC, and medical marijuana is legal in 37 states. However, cannabis regulations and taxes are determined at the state and local levels, where laws change dramatically across state lines. Continue reading The cannabis industry is expediting – is it time to take advantage? at Canex.
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