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4 Reasons Why The Cannabis Industry Has Become So Profitable

thefreshtoast.com February 20, 2021

4 Reasons Why The Cannabis Industry Has Become So Profitable

Cannabis isn't just about smoking anymore; it is incredibly inclusive to people from all walks of life for both medical and recreational purposes.

In the past few years, there has been one major central theme debated heavily by society. That is the legalization of cannabis. The once demonized plant stigmatized to cause delusions and murderous tendencies have been finally revisited and approved by government officials. As the health benefits of cannabis become more prominent, more and more stares are starting to legalize it.

In fact, legal cannabis has been taking over the market and skyrocketing in growth. During its first year of legalization in Colorado, the state earned over $700 million in tax revenue. The number has since grown to more than a billion dollars a year.

The industry is now considered a mega-giant, catering to those who need it for both medical and recreational purposes. However, there is a lot more to be said about this. If...


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