How the Legal Marijuana Industry Will Have its Boom in 2017
The legal marijuana industry is booming, and experts say that this could be the year that legal cannabis product revenues will finally eclipse those of the film industry, the organic food market, and will more than triple the revenue of the NFL! Medical marijuana has got significant beneficial qualities, and it has already gotten legalization and approval in many states today.
Even celebrities have started showing their support for the legal cannabis industry, with big names such as Snoop Dogg, Tommy Chong, Willie Nelson, and Whoopi Goldberg all celebrating its legalization. The legal marijuana industry has reached unprecedented levels, and different strains have been made available to the general public as well.
The 2016 election was a massive victory for the marijuana industry, as it won legalization for recreational use in California and was legalized for medical use in other states. The cannabis industry in Colorado has already touched the $1 billion mark, last year, and is expected to do better this year.
Massive 2017 in the Offing
It has already been predicted that 2017 is going to be a breakthrough year for the cannabis industry, and the signs are good as of now. Los Angeles is expected to become the marijuana capital in the United States, with its cannabis industry sales soaring, and looking likely to break the $1 billion sales mark as well. There is also an expected ordinance that will be passed in 2017, which will ensure that the recreational market is open for everyone in the United States.
That will surely push the cannabis industry sales sky high and ensure that the industry dominates in the United States for the coming years. There is a clear indicator right now that the cannabis industry is expected to boom this year for sure.