The State Of the Cannabis Industry

The industry is looking quite healthy, and as farming continues to increase, the consumers may see prices drop a significant amount if the states continue to allow new competitors to enter the arena. If the amount of dispensaries is limited, then each location may have a location based monopoly, although if a neighboring dispensary is selling for a significantly lower price, then people may travel the distance because they’re saving money.

CBD continues to rise in popularity around the globe. Perhaps trend was created due to the legislation concerning legal hemp farming at a national level?

People are discovering new ways to apply cannabinoids in their lives, from applying a topical creme to their skin, to perhaps dropping it into one’s eye.