The cannabis industry consists of legal cultivators and producers, consumers, independent industrial standards bodies, ancillary products and services, regulators, and cannabis researchers - including it's industrial derivate, hemp.
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The U.S. cannabis industry is expected to reach $32 Billion in annual sales in 2022. Cannabis has surely come a long way. From its humble beginnings as a banned substance, the cannabis plant is now the focal point of the fastest-growing industry in the U.S.
Here are some important stats related to growth and future opportunities in the cannabis industry: