The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.
The cannabis industry is growing, fast. Not long ago, marijuana use was strictly illegal and heavily stigmatized. Now more than 22 million Americans are estimated to use it on a monthly basis, according to the Centers for Disease Control and Prevention (CDC), and a recent Pew Research Center poll found that 91% of Americans think its use should be legal in some capacity.
On Nov. 6, 2012, Washington and Colorado became the 1st states to legalize marijuana for recreational use. And as of September, marijuana use is legal in 18 states and decriminalized in 13 more. This has led to a huge market for cannabis, from growers to retailers.