Legal cannabis market in the US and Canada has consistently demonstrated an increase and reached the 2016 target of $ 6.7 billion, with figures in 2015 by its yield was increased by almost 30%.
According to analysts of hemp North American
market in 2016 revenues sellers of legal and illegal cannabis market in the United States
more than $ 53.3 billion. Significant growth of the legal market associated with the ongoing legalization in various administrative and territorial units of the United States
the possibility of legitimate use of medical and recreational cannabis.
It is noted that an illegal market for marijuana is not the first year shows a significant decrease in profitability and in absolute terms, has reached rates bordering on 90% of the total turnover of the market (in 2016 the illegal market has lost about 3% of funds generated by them).
Legal cannabis market in the US
has consistently demonstrated an increase and reached the 2016 target of $ 6.7 billion, with figures in 2015 by its yield was increased by almost 30%.
Comment of the Association "Ukrainian industrial hemp"
In 2016 the number of US
states, where in some form of ban on the cultivation or use of cannabis has exceeded the number of states where cannabis is not legal plant. According to the American lawyers in the United States
overcome the so-called "legal Rubicon" when the representatives of the administrative-territorial units of the United States
, which in one way or some form of legalized work with hemp, may require changes to the regulations at the federal level. This fact, as well as huge financial opportunities for legal use of cannabis in the US
market make different structures of the country, to be active in matters relating to amendments to the federal legislation. One could argue that in the long term of 3-5 years in the US
legal reform at the federal level will be carried out, according to which will be allowed the use of industrial hemp for industrial purposes.
Information taken from the site http://tku.org.ua