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 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 comprises cannabinoids including tetrahydrocannabinol (THC) and cannabidiol (CBD). THC utilized for recreational purpose and CBD for medical purpose. Types of Cannabis plants:
- Sativa: develops lively and full of life experiences.
- Indica: creates calm and tranquilizing experiences.