With the global legal marijuana market projected to reach $70.6 billion by 2028, more and more entrepreneurs and investors are looking for opportunities to get a foothold in this emerging industry.
A big obstacle in marijuana legalization is that some lawmakers remain skeptical about the health benefits of cannabis. While there is plenty of anecdotal evidence out there, cold hard facts are hard to come by. And that’s why news of a recent bipartisan bill in Congress has me optimistic that it could lead to legalization down the road.
The governor of New Jersey says he’s open to giving adults the right to cultivate marijuana for personal use.
The governor of New York says marijuana legalization will generate “thousands and thousands of jobs” in the state, and she’s touting her recent actions to make regulatory appointments for the industry to get implementation underway.
The number of New Jersey communities opting out of the legal marijuana industry has increased dramatically in recent weeks, reaching almost three-quarters of the municipalities in the state.
From 2013 to 2018, 50 percent of growth in consumer packaged goods came from products marketed as sustainable, and the green tech and sustainability market is predicted to be worth $36.6 billion by 2025.