The Cannabis industry is increasing at a great pace in the United States and established favorable business circumstances in the 21st century. The Cannabis industry is flourishing for manufacturers, traders, and producers. This article provides information about the Cannabis industry including a history, Cannabis regulation, Cannabis reforms, forecasts, and challenges faced by the industry. Cannabis is a plant, also known as marijuana, weed, herb, pot, grass, bud, and Mary Jane. Cannabis generates trichomes which comprise cannabinoids including tetrahydrocannabinol (THC) and cannabidiol (CBD). THC is utilized for recreational purposes and CBD is for medical purposes. Types of Cannabis plants:
- Sativa: develops lively and full of life experiences.
- Indica: creates calm and tranquilizing experiences.