It seems like now is a great time for starting a medical marijuana business. In today’s time, the use of cannabis for medical reasons is on the rise. When opportunity calls, you wanna be on the other side of that door waiting to greet it. If you agree, consider starting a medical marijuana business today. Here are three reasons why you should consider cannabis investment opportunities.
Strong Support in Fave of Medical Cannabis
If you invest in the legal marijuana industry, you’ll find not only money but legal backing. The legalization of cannabis for medical reasons is increasing by the day. The National Conference of State Legislature states that Twenty-Three states, including our nation’s capital, Washington D.C., allow the medical drug. It seems that medical cannabis will become legal nation wide in just a few years. This makes starting a business now important in order to get ahead before the industry becomes overpopulated. You want to become a big fish before the pond gets filled up.
In addition, this increase in legal support for medical cannabis is backed by the popular. In 2010 the vote in support of legalizing cannabis stood at about 17%. Today, that vote is now at a slim majority of 58% with the vote quickly increasing by the day. Also, we should be honest with ourselves. People are partaking in cannabis without it being legal. A 24 year study of a million teens resulted in showing that the risk of teens partaking in cannabis did not change from before and after states starting legalizing it. If people are using cannabis consistently you might as well be making money off of it.
Increased Medical Use Means More Money.
As more and more people are trying out cannabis for medical reasons, they are seeing how much it works. As they see how much it’s working for them, they are becoming more willing to pay for it again and again. 76% of doctors approve of medical cannabis and 92% of patients who’ve used it have praised it for working. People suffering from PTSD, an illness that studies claim 1 out of 5 American soldiers returning from the Middle East suffer from, take up a total of 27% of diagnoses for the medical substance.
These are just some examples of why starting a medical marijuana business is profitable. In fact, within the next five or so years, the legal cannabis industry is expected to make more than the film industry triple the income of the NFL. This is why you should be getting investing in the cannabis industry today.