It is no secret that the world around us is changing at an alarming rate. So quickly, in fact, it can be difficult for many businesses and the people within them to keep up. One prime example of this is cannabis.
Beginnings of Cannabis Legislation
The first national regulation affiliated with cannabis was the Marihuana Tax Act of 1937, which effectively put a tax on any cannabis sales. It wasn’t until 1970 when cannabis was completely outlawed in the US by the 1970 Controlled Substances Act (CSA). The CSA had many purposes, one of which was making cannabis illegal in all capacities throughout the country, including medical uses.
Legalization of Marijuana Today
However, a lot has changed and shifted in the cannabis industry since then. Cannabis has been legalized in numerous states across the US for medical use, recreational use, or both. California was the first to start this whirlwind of cannabis legality when it legalized medical marijuana in 1996.
Numerous states followed California’s example by legalizing medical and/or recreational marijuana use and growth. As of November 2021, recreational marijuana is legal in 18 states, Washington DC, Guam, and the Northern Mariana Islands, while medical marijuana is legal in 37 states.
Why This Matters
Cannabis is, well, “growing” and people are becoming far more accepting of it– and enjoying it. In fact, 22.2 million people in America use marijuana each month. That means it has become so widely accepted that it is worth it for many businesses in varying industries to look for the best cannabis market research.
This is because, with the most current and dependable research, you can properly adjust your business to take the most advantage of the recent explosive growth of marijuana, its legalization, and its usage.
It appears that it will only continue to grow more and more– and it’s safe to say that it can be a fortuitous bandwagon to hop on. It has been projected that by 2022, legal marijuana sales will reach $22 billion.
However, in order to reap the most benefits from the cannabis industry now and in the future, you require the best cannabis market research that is dependable, current, and legitimate so you can stay on top of this ever-changing market.
Why ISA Group Can Give You the Best Cannabis Market Research
It can be difficult to find the best research out there for the cannabis market, as many sources are illegitimate, delayed, or even provide information that can’t be used. But, with ISA Group, you can rest easy knowing that their compiled research on cannabis and its quickly evolving market is exactly what you need to get the information you require.
Their research entails custom research, so they can ask the questions directly that you need to be answered promptly. They work side-by-side with companies of all sizes within the market from growth to sales. ISA Group even has a cannabis consumer research panel and offers data analytics.
Contact ISA Group Today
Are you ready to take the most advantage of the exploding cannabis industry by staying up-to-date with the latest and best cannabis market research around? Then contact ISA Group directly today to make your business and company flourish along with the cannabis market.
