
The legalization of cannabis has had a significant impact on the economy. In the United States, the cannabis industry is now worth an estimated $20 billion and is expected to grow to $70 billion by 2028. The industry has created hundreds of thousands of jobs and generated billions of dollars in tax revenue. There are a number of reasons why the cannabis industry has had such a positive impact on the economy. First, the industry is highly regulated, which creates jobs in the legal and compliance sectors. Second, the industry is cash-based, which generates a lot of tax revenue for state and local governments. Third, the industry is growing rapidly, which creates opportunities for investment and job growth.