Marijuana has come a long way in 20 years, but it’s no shoo-in for investors.
This year marks the 20th anniversary of marijuana receiving its first state-level approval, when California gave cannabis the green light with Proposition 215. Since that 1996 approval, cannabis has spread like a weed, gaining legalization into other states and giving both patients and consumers hope that they would soon have access to both medical and recreational marijuana.
As we look at the marijuana industry today, a number of amazing facts and figures stand out. As objective observers, and investors, let’s take a closer look at nine fast facts about marijuana, including one telling statistic.
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