The best innovation in history -
Almost nothing on Earth today (and I mean nothing at all), biotechnology, software, oil, gold, real estate, aerospace, automotives, not smartphones, nothing... is growing as much or as fast as the market for marijuana which is legal.
Consider this: By 2020, the market for marijuana that is legal is going to top $22.8 billion (not million, but billion with a B).The authorized marketplace for cannabis "could be greater than the National Football League, which saw $12 billion of revenue in 2015. Between 2016 and 2029, the projected development of marijuana is expected to reach hundred dolars billion - 1,308 % growth.
Estimates place the number of a while marijuana users in the community of fifty million individuals. So many as 7.6 million indulge on a regular basis. Out of the 83.3 million milllennials, complete 68%of them are interested in cannabis to be available and legal. The moment legalization snaps hold all over, dozens of actually developed companies - in the tobacco industry... of agriculture as well as irrigation... in pharmacueticals - are going to need to go in without hesitation. And in case you desire more proof that marijuana is going mainstream, look at this...
On Nov 8th, tens of numerous Americans in 9 states headed to the polls and voted on the long term future of marijuana. California, Massachusetts, Maine and Nevada voted to legalize the recreational use of marijuana. And voters in Arkansas, Florida, North Dakota and Montana passed ballot initiatives legalizing medical marijuana. Just Arizona, where recreational cannabis was in place for a vote, decided against legalization. Together, these states (excluding Arizona) stand for a full population of seventy five million people. That suggests 1 in 5 Americans - 20 % of us - woke up on Aug 9th finding themselves in a state in which medical as well as recreational marijuana is legal for adults twenty one and over.
Perhaps Hollywood celebrities are getting in to the action. Many folks already know about the weed-related business activities of Snoop Dog, country music legend Willie Nelson and actor & comedian Tommy Chong. Fewer know that Grammy Award winning singer Melissa Etheridge is building her personal line of cannabis-infused wine and TV talk show host Whoopi Goldberg is launching a series of medical marijuana solutions targeted at females. And individuals pay attention to Hollywood icons. Absolutely nothing is more mainstream than the tv sitcom.
On July 13th in 2016, Variety revealed that Netflix is planning to air a sitcom set within a legitimate pot dispensary. Called DisJointed, the show is the creation of TV genius Chuck Lorre, creator of that mainstream blockbusters condor as seen on shark tank The Big Bang Theory plus Two in addition to a Half Men. A recent poll by Quinnipiac Faculty discovered that eighty nine percent of voters in the United States believe that people should be permitted legitimate access to medical marijuana when a health care provider prescribes it. And also the U.S.A. is not the sole state poised to ease the reins on marijuana. Israel, Jamaica, Uruguay, Australia, Mexico, Spain, Canada, Germany and Columbia have both legalized or maybe decriminalized possession.
Since 1972, marijuana has been classified as a Schedule one controlled substance. Schedule 1 drugs are those considered to lack medical use and present a high potential for abuse. As a Schedule 1 drug, marijuana gets to be grouped alongside ecstasy, LSD, and heroin. But in the face of mounting pressure from the doctors, medical researchers, state governments and Congress, the Drug Enforcement Agency (DEA) came under pressure to downgrade marijuana to a Schedule II drug, or perhaps actually a Schedule III.