The Cannabis industry
According to the United Nations, close to 160 million people around the world use Cannabis and the numbers are increasing abidingly.
This plant is known to contain more than 150 cannabinoids as well as dozens of terpenes, providing the Cannbis plant with its therapeutic effects.
While the current estimates of the legal Cannabis global market in 2017 were of arround $9.3 billion, the spending on legal cannabis worldwide is expected to reach more than $61 billion by 2028.
According to the Medical Marijuana Registry Program Statistics (April 2018), 88,946 patients in the US have an active medical cannabis registration (10.79 patients out of 1,000 state residents) and more than 30,000 people use cannabis medicinally in the UK each day. Medical cannabis (the plant itself or drugs that are cannabis-derived) is legal in many countries – Argentina, Australia, Canada, Chile, Colombia, Croatia, Cyprus, Denmark, Finland, Germany, Greece, Italy, Macedonia, Malta and The Netherlands, to name a few.