Despite a global pandemic, discombobulated supply chains, ballooning inflation and an ongoing fight to legalize marijuana on a federal level, the cannabis industry in America is flourishing.
Snowballing US sales shouldn't come as a surprise. At this point, the majority of Americans live in a state where some form of cannabis is legal. More than two-thirds of US states have legalized medical cannabis, of those, 18 have legalized cannabis for recreational use, according to the National Conference of State Legislatures.
The industry is also expanding rapidly and creating jobs, said Karson Humiston, CEO and founder of Vangst, which runs a cannabis industry-centric job recruiting site. On Capitol Hill, the whispers of federal marijuana reform and legalization have grown into a clamor. But because of a lack of consensus among lawmakers and industry members, change is not on the immediate horizon, Walsh said.