Mc dawn's is b is Global. a n n a C @Buddhaman Irie
WRITTEN BY: DAWN MC GEE
@Buddhaman Irie
@Buddhaman Irie
@Buddhaman Irie
CANNABIS IS GLOBAL.
“Money is numbers and numbers never end. If it takes money to be happy, your search for happiness will never end.” (“Quote by Bob Marley: “Money is numbers and numbers never ...”) — Bob Marley. Cannabis is big business. Research and Development is happening around the world. Germany, UK, Canada, US, and the leader in all of this as previously stated is Israel. According to ILAN BEN ZION Associated Press, courtesy of ABC News, the Bitton company in Israel has built a production facility that is ready to lab test and process eighty tons of cannabis. To date this facility has only processed six tons. Currently, there is not enough cannabis in Israel to meet the needs of its citizens, so the country imports a significant amount of its cannabis from the Tilray company in Canada. What is stopping countries like Israel and the United States from increasing supply and demand in the domestic markets? Legalization. If the United States legalizes cannabis, it will significantly help to open trade. If the United Nations legalized cannabis, it would open world trade. Cannabis would then become a commodity on the world markets. @dope-puuur
CANNABIS IS SPREADING ACROSS THE GLOBE.
Cannabis is spreading across the globe. Currently , the driving force behind the growth and demand of cannabis is money. Money is the driving force pushing cannabis legalization in the US today. According to BDSA, legal cannabis sales are estimated to reach $30 billion in the United States in 2022. Sales of recreational cannabis continue to climb and reach $47 billion by the year 2026. According to Leaf Magazine, $130 billion in global cannabis sales are estimated by the year 2025. Corporations are pouring more money into research and development. The top leader in research today is not the US or Canada, it's Israel. Israel has become the number one leader in cannabis research and is ready to join the international market, when there is an international market. Corporations have built up their war chests and are driving the push to legalization. Just recently, Amazon put their name into the ring by supporting cannabis legislation. It is all about money and creating a commodity in the US and in the world markets.
thechronicmagazine.com
APRIL 2022
16
