Women are dominating the medical marijuana industry. According to Forbes, women make up 36% of the leaders in the cannabis industry, 63% of which are executive positions, including the CEO. That is in stark contrast to the rest of the business world where women only occupy 25% of top-level positions and only 5% of CEO spots.
Countless celebrities endorse and support the use of medical marijuana, including Snoop Dogg, Lady Gaga, Morgan Freeman, Miley Cyrus, Danny DeVito and many others. Even Whoopi Goldberg is in on the action, releasing her own line of female-focused topicals called Whoopi & Maya.
Medical Marijuana has been around for thousands of years. The first recorded use of cannabis for healing purposes was in 2737 BC. However, it wasn’t until years later that cannabis finally got its taxonomic identification from Carl Linnaeus.
Recent studies have shown that marijuana can actually facilitate the growth of new brain cells through a process called neurogenesis. Researchers have found this new cell growth happens primarily in the hippocampus, which is responsible for memory and understanding emotion. This would explain why marijuana has been successful in the treatment of depression, anxiety and other mood disorders.
Canada is a trend setter. The government has announced legislation that will legalize marijuana in Canada by October 17, 2018. When this comes into effect, Canada will be the second nation in the world (after Uruguay) to legalize marijuana.
A bag of marijuana was the first thing ever sold on the Internet over 40 years ago. Students from Stanford University arranged a deal between students from the Massachusetts Institute of Technology. The deal happened in 1971 and would go down in history as the first thing ever traded online (take that, Amazon).
Market analysts predict that the United States medical marijuana industry will be valued at almost 20 billion by the year 2024. In 2015, Statistics Canada estimated that Canada’s cannabis industry was already valued at over $6 billion and would grow exponentially after weed became legalized.