U.S. Legal Marijuana Industry Booming
THE U.S. LEGAL MARIJUANA INDUSTRY IS BOOMING
(CNN) – Marijuana remains against federal law in the United States.
But that hasn’t stopped the marijuana industry from growing like a very profitable weed.
Despite what could be considered an unfriendly administration in Washington D.C., nine states and the District of Columbia now allow for recreational marijuana use.
30 states allow for medical use only.
BDS analytics, which tracks the cannabis industry, says the emerging pot industry took in nearly $9 billion in sales in 2017.
With that kind of profit rolling in, even more states are lining up to join the legalization wave.