Count on the rise! Medical marijuana rocks the market
It is seen that the marijuana shops and sales in USA is increasing greatly. There are many reasons to this. Till recently it was believed that marijuana is a drug. People abhorred from using the same. There was an incident in current times when a boy was under a deep attack of neural disorder. He was in coma. The doctors said that marijuana can save him. They used cannabis in regulated conditions and it was seen that the patient of coma recovered. Thus the doctors started a campaign to legalize the uses of marijuana. It was said that the marijuana cannot be equated with the other drugs as there are many good effects of the same.
As a result of these arguments put forward the people became interested in marijuana and the doctor prescribed amount was practiced. This meant that marijuana was made common for the people. On the legalization of cannabis in many states of the US and Canada the number of shops increased and so did the sales.
Since the year 2008 there was a substantial increase in the number of marijuana shops in the US. The number of shops escalated to 8500. People become interested in vaporizers and electronic cigs. Thus the sales of the same elevated as well. The reports say that in the same year sale of electronic cigarettes and supplies increased to an amount as much as $3.5 billion! The wells Fargo analysis reports that in 10years t6his umber shall four fold again!
The main reason is that doctors have said this is very healthy and good for keeping the neurons safe. Recently there had been many symposiums and online virtual merits where a person has heard from the doctors and leaders from around the world that marijuana is good for health. Recently the pediatric society has remarked that it is good for children. Ignorance was what hundred the market of marijuana greatly, now that is eradicated through the game shows and other facilities and people knows that prescribed dosage is good for health. Marijuana shall be needful to treat aging population with the health disorders and discrepancies such as arthritis, Alzheimer’s disease and glaucoma.
IBIS World, a market research firm reports recently that the sales of medical marijuana shall boost to $13.4 billion in 2020 from $3.6 billion in 2015, which is really stunning number! It has also been reported that if all the states if the US legalize marijuana and medicated cannabis then the sales can be elevated to a level of about $35 billion in 2020! Thus, the rises of vapeshops are justified and it is proved that this is really a lucrative business.
