Everyone from politicians to everyday people are looking for something that might spur the economy and keep it growing as fast as possible. Currently, we are facing a rising stock market, but many average people are not really feeling the impact of those gains, and plenty of people are curious about what could be the next big thing. Here’s how legal cannabis could impact the economy in the coming years.
The Legalization Of Cannabis Has Already Had An Impact
Plenty of advocates of the legal and responsible use of certain types of drugs have pushed for jurisdictions throughout the United States to recognize the potential for economic growth through the legalization of marijuana. Not only do they believe that the sales of this product could bolster the economy because of the taxes generated, but also because of the number of jobs created. It is already estimated that more than a quarter of a million jobs have been created in this industry as of last year (2020). That is staggering considering those jobs could not exist at all when the substance was completely banned.
What Do Dispensaries Offer Today?
If you haven’t been to a dispensary yet, you need to get to one as soon as possible. There is a lot to look over, and plenty of options for you to consider, no matter what your preferred use of cannabis is.
Lately, many people have taken to consuming this product without smoking it. That is to say that the edibles market has exploded in popularity. People want to take this substance, but they don’t necessarily want to ingest the smoke that comes along with traditional methods of consumption. As such, they have opted to simply eat a product that has it contained within instead. It is a fun (and some say more enjoyable) way to get cannabis into the system.
The Path Ahead
There are still many interesting twists and turns to come for the industry in all likelihood. The push for legalization is still very strong, and many people are looking to expand the map of states where it is legal to purchase these products. These days, the movement is not just on the fringe, but indeed has some mainstream support. This is at least in part due to the fact that many big industries see the money-making potential that is available to them as well.
Love it or hate it, the odds are pretty great that the legal cannabis industry is going to expand, and with it, many more jobs will be added.