Difference between revisions of "Cannabis industry"
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| − | The '''cannabis industry''' has $32 billion in sales as of 2022, but is mostly unprofitable as it causes widespread harm and worsens water shortages. The industry is predicted to grow to $100 billion in sales.<ref name="Cannabis">https://www.politico.com/news/2022/09/04/weed-companies-cant-make-money-00054541</ref> | + | The '''cannabis industry''' has $32 billion in sales as of 2022, but is mostly unprofitable as it causes widespread harm and worsens [[cannabis water use|water shortages]]. The industry is predicted to grow to $100 billion in sales.<ref name="Cannabis">https://www.politico.com/news/2022/09/04/weed-companies-cant-make-money-00054541</ref> |
The biggest impediment to profits is the federal ban on interstate sale of [[cannabis]], such [[California]] growers cannot sell into other states.<ref name="Cannabis"/> | The biggest impediment to profits is the federal ban on interstate sale of [[cannabis]], such [[California]] growers cannot sell into other states.<ref name="Cannabis"/> | ||
== References == | == References == | ||
{{reflist}} | {{reflist}} | ||
| + | [[category:cannabis]] | ||
Latest revision as of 05:57, September 5, 2022
The cannabis industry has $32 billion in sales as of 2022, but is mostly unprofitable as it causes widespread harm and worsens water shortages. The industry is predicted to grow to $100 billion in sales.[1]
The biggest impediment to profits is the federal ban on interstate sale of cannabis, such California growers cannot sell into other states.[1]