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What happened in the world of cannabis in the last year?

Updated: May 9, 2023


The cannabis industry has experienced tremendous growth over the past year, with many countries legalizing the use of cannabis for recreational and medicinal purposes. The industry has also seen a surge in investment, as more companies enter the market and capitalize on the potential of the cannabis industry. Additionally, the demand for cannabis products has grown significantly, as more people become aware of its potential benefits.


Cannabis in history


The history of cannabis use dates back to ancient times, when the plant was first used for medicinal purposes. In America, the history of cannabis cultivation dates back to the early colonists, who grew hemp for textiles and rope. The cannabis industry has experienced tremendous growth in recent years, as more countries legalized the use of cannabis and more companies enter the market.


 

5 changes that have changed in cannabis in the last year.

  1. Legalization: Several states in the US legalized marijuana for medicinal or recreational use, including New Jersey, Montana, South Dakota, and Arizona.

  2. Decriminalization: Virginia became the first southern state in the US to decriminalize marijuana, and the US House of Representatives passed the Marijuana Opportunity Reinvestment and Expungement (MORE) Act, which would federally decriminalize marijuana.

  3. Medical Research: There has been continued research into the medical benefits of cannabis, with new studies showing its effectiveness in treating conditions such as anxiety, chronic pain, and epilepsy.

  4. Cannabis Industry: Despite the COVID-19 pandemic, the cannabis industry has continued to grow, with increased sales and revenue. More states and countries are legalizing cannabis, creating new opportunities for entrepreneurs and investors.

  5. Social Equity: There has been a growing focus on social equity in the cannabis industry, with more efforts to address the racial disparities and injustices related to drug policy and enforcement.

Overall, the past year has seen continued progress and growth in the cannabis industry, with increased legalization, research, and social equity efforts.

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Unknown member
16. Mai 2023

Great info

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Unknown member
25. Juli 2023
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Thank you

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