The Cannabis Market Continues to Grow as Support Reaches Record Numbers

NEW YORK, Feb. 8, 2019 /PRNewswire/ — The number of cannabis users worldwide is tremendous, considering the number of countries that have yet to legalize it. A report by the United Nations estimated that nearly 238 million people used cannabis in 2017. Despite the vast global presence, the North American segment alone accounted for 22% of global users. The North American region dominates global cannabis sales, driven mainly by the U.S. alone. The U.S. has not federally legalized cannabis but has given states the right and jurisdiction to decide the legality of cannabis. Currently, the majority of U.S. states have passed medical usage, while a fifth of the country allows for recreational use. The economic impact of cannabis within the U.S. and Canada are expected to drive the industry as well as lead other countries to explore possibilities of legalization. According to data compiled by Cooked Research,

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