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Cannabis Business Year in Review

Cannabis Business Year in Review

There have been a lot of ups and downs in the industry this year, some of the biggest yet. Here are some of the biggest moments from this past year!

 

Canada Legalizes Cannabis

As MJ Biz Daily reminds us, Canada became one of the first countries to legalize cannabis.

 

Farm Bill Legalizes Hemp

Another huge deal for cannabis was the legalization of hemp in the U.S. This will open tons of new doors for opportunity.

 

Cannabis Investments on the Rise

There are now more than ever lots of companies investing in legal cannabis.

 

Some CBD Medicines Removed from Schedule 1 Status

Slowly, the medicine many rely on is starting to be rescheduled and de-scheduled, so that people can gain access.

 

Cannabis Prices Lowered

This may seem like a bad thing, but actually it means that the industry is leveling out, as black market pricing is replaced with competitively priced products.

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