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What You Need to Consider for Your New CANNABIS BUSINESS

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The United States has seen 10 states and Washington, D.C. legalize the medical and recreational use of Cannabis. There are 23 additional states (plus Guam, Puerto Rico, and the U.S. Virgin Islands) with medical use legalized. There’s no denying that more states are on their way to joining one or both sides of the fence, Illinois among them (for recreational use).

The more States legalize, the more room for Cannabis businesses to emerge and the market is already seeing incredible revenues.

One source states, the U.S. CBD market could hit $22 billion by 2022. Another reports that edibles and beverages accounted for nearly $1 billion in sales in the U.S. (in 2017) and could grow to $4.1 billion by 2022.