US hemp industry over time, in terms overtake tobacco industry
The investment bank predicts that the market for psychoactive hemp in the United States is about $ 100 billion just over a decade.
Are you using psychoactive hemp or not, is not important to realize - we are on the threshold of a "green gold rush". Ackrell Capital, an investment bank in San Francisco, focused on the middle segment of the market predicts that the market for psychoactive cannabis consumption in the US, including pharmaceutical drugs based on it may exceed $ 100 billion by 2029 according to a recently published their report USA Cannabis Investment Report 2016. For comparison - the RAND Corporation estimated the illegal US marijuana market in 2010 is about $ 40 billion coming from the 45 million consumers. The tobacco industry earns about $ 100 billion annually to about 45 million people. At the same time, emerging market estimates Ackrell legalized for recreational and medical use of psychoactive hemp in $ 4.4 billion in 2015.
Comment of the Association "Ukrainian industrial hemp"
Despite the fact that psychoactive hemp remains illegal under federal law, 27 states have legalized its use for medical purposes. In four states (Alaska, Colorado, Oregon and Washington) psychoactive cannabis legalized for recreational use. In addition, Ackrell calls 16 states, which are legal, some products on the basis of psychoactive hemp on a limited number of cases, and in three other states (Nebraska, Ohio and Virginia) recreational cannabis is prohibited by law, but the law enforcement agencies ignore related offenses as minor . Only eight US states today still banned psychoactive cannabis in all its forms. In turn Ackrell believes that "we can talk about a time when the federal ban on psychoactive cannabis remain in the past." The Bank sees an increasing number of states that legalize the psychoactive cannabis, a trend that will eventually lead to the need for the federal government lifting the ban on the use of all varieties of cannabis. Ackrell even predicts year the abolition of all restrictions - 2020.