The alcoholic beverage market will be worth $1.5 trillion by 2022, while the marijuana industry is projected to arrive at $146.4 billion by 2024.
With its legalization in many states, the cannabis industry is experiencing a boost in medical marijuana, with cannabidiol oil showing the most promise.
According to a research, the CBD industry is anticipated to grow at a massive rate of 55 percent annually in the next five years.
A study revealed that apart from its health benefits, the cannabis industry can provide more opportunities for employment and generate more tax revenue.
GW Pharmaceuticals’ Epidiolex is the first FDA-approved cannabis-based drug.
With the legalization of cannabis in some U.S. states, the cannabis industry is projected to grow as much as $21 billion by 2020.
PotNetwork Holdings, Inc. (OTCMKTS:POTN) plans to expand and make its products available to underdeveloped sectors.
A recent study revealed that a significant drop in binge drinking ratings were observed among states which permit the use of recreational cannabis.
PotNetwork Holdings branches out from the cannabis industry and ventures into crypto mining by introducing its new modern cryptocurrency facility.
If the Hemp Farming Act of 2018 is approved by Congress, the hemp market could see the sales of related products reach up to $75 billion...