A Budding Industry
Marijuana, or cannabis, is now legal for recreational use in 18 states and the District of Columbia, and for medical use only in another 18. But because it's still classified by the federal government as a Schedule I substance, regarded as having a high potential for abuse and no accepted medical value, businesses and local governments in those states have largely had to forge their own paths in regulating and researching the long-illicit drug for recreational and medical markets. The product's novelty and complicated legal standing make this an industry like no other, so let's dive into some of the most interesting trends and statistics to come out of the nation's booming new cannabis business.
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