Report: Legalizing Cannabis Would Create A $35 Billion Industry In The U.S.

A new report released by GreenWave Advisers has detailed a calculated prediction about the future of the legal cannabis marijuana-money-live-trading-newsindustry – and the numbers are huge.

According to the report, if cannabis was legalized on a federal level in the United States by the year 2020, the recreational and medical market combined in all 50 states would be valued at around $35 billion annually.

The analysis concludes that change in federal law is expected, due to the continued efforts of lawmakers pushing various pieces of legislation to ease current laws, the benefits of medical cannabis becoming better understood, the positive economic impact becoming more recognized and according to the report, the most important factor: public support in favor of legalization is growing.

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