PARAMUS, N.J., May 18, 2018 /PRNewswire-iReach/
Cannabis World Congress & Business Exposition (CWCBExpo) updates industry professionals on global marijuana matters and more. Learn about what's happening with cannabis on a global level at one of their marijuana conventions. The next trade show will be held May 30- June 2 in New York City.
60 billion USD dollars—that's the number that experts predict will be the value of the global medical marijuana market in 2025.
Industry growth is in part due to the benefits of medical marijuana which include pain relief and mood regulation. Medical marijuana also has a positive effect on immune, digestive, and vascular health, and it can provide relief from the unpleasant side effects of chemotherapy.
But, it's not just medical marijuana laws that are changing on an international scale. Recreational use of the product is also evolving.
Some experts predict another handful of states could legalize recreational use of the drug in 2018, though actual legalization will probably occur over the next several years. Still, other countries have allowed citizens to enjoy cannabis for years, and as attitudes become increasingly tolerant, recreational use is likely to expand on an international level.
Canada is among several countries leading the charge to relax attitudes toward cannabis. In fact, it's possible that Canada will legalize recreational marijuana use this year. If that happens, they could become an even more powerful force in the cannabis market, potentially surpassing the U.S.
CWCBExpo predicts continued growth in a variety of industry sectors including cultivation, retail, and home-delivery service. More entrepreneurs will look to open social lounges, bakeries, and beauty spas where consumers can go to enjoy edibles and other cannabis products which may or may not be infused into treatments. Home-delivery services will also pop up in droves in the coming years, and the industry will need apps and other technological solutions to connect consumers to these services.
About the Cannabis World Congress & Business Exposition:
The Cannabis World Congress & Business Exposition is a business-to-business trade show event for the legalized cannabis industry. A Cannabis World Congress & Business Exposition medical marijuana convention is held 3 times per year in the largest media, financial and business markets: New York, Los Angeles, and Boston. It is the leading forum for dispensary owners, growers, suppliers, investors, medical professionals, government regulators, legal counsel, and entrepreneurs looking to achieve business success and identify new areas of growth in this dynamic and fast-growing industry.
Media Contact: Matthew Bailey, Cannabis World Congress & Business Exposition, 551.497.4910, mbailey@leexpos.com
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE CWCBExpo
