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Most Impressive Cannabis Statistics That Should not be Overlooked

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Cannabis has become the biggest story of the decade. Not only did Canada approve its use in 2018, the U.S. government has become aggressive in its attempt to legalize its use. Corporate America has just begun to jump on the bandwagon. It's even disrupted some of the biggest industries on the planet. Everything from food and beverage to health and wellness has been impacted. Even retailers are rushing to stock their shelves with cannabis products. The best part – support for cannabis legalization is exploding. A Gallup survey found that 66% of Americans are in favor of legalization. That's up from just 60% in 2016. A Pew survey found that 62% of Americans want to see cannabis legalization in the country, as compared to just 57% in 2015. Better yet, analysts are just as excited about growth. For example, the Brightfield Group says worldwide cannabis sales are expected to soar from $591 million in 2018 to as high as $22 billion by 2022.  Piper Jaffray says the market could be worth up to $100 billion. All of that has been a major catalyst for cannabis investors.

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