The use of cannabis, commonly referred to as weed, has been a subject of discussion and debate throughout the United States. The landscape of cannabis consumption has witnessed significant changes over the years, with shifting perspectives and evolving legislation. However, it is essential to emphasize that despite these changes, both recreational and medical use of weed remains illegal in South Carolina.
Cannabis Industry in the U.S.
The U.S. legal cannabis industry encountered challenges in 2022 but is anticipated to recover, reaching an estimated annual revenue of $31.8 billion by the end of 2023 and growing to $50.7 billion by 2028. The increasing legalization of cannabis and growing acceptance of its medical use are pivotal factors propelling the market’s growth.
In the first two months of 2023, three states initiated cannabis sales: Connecticut and Maryland for adult use and Mississippi for medical use. Despite this growth, the industry faces significant challenges, primarily due to federal illegality, which elevates the operating costs for cannabis companies.
Weed Consumption Across the U.S.
As of 2021, 12% of American adults were cannabis users, a figure that has remained relatively stable, fluctuating between 11% and 13% from 2015 to 2019. This represents a notable increase from the 7% reported in 2013.
The number of marijuana users has steadily risen from approximately 28 million in 2012 to 47 million in 2020. It is estimated that by the end of 2022, 52 million Americans will have consumed cannabis. If this trend persists, the projected number of marijuana users is expected to reach 71 million by 2030.
Conclusion
While weed consumption is on the rise across the U.S., it is imperative to acknowledge that its use remains illegal in certain states, including South Carolina. As the landscape of cannabis consumption continues to evolve, staying informed about changing laws and societal attitudes towards this substance becomes crucial.
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