For centuries, cannabis has been used for medicinal treatments, and is crucial for alleviating pain and sufferings of many people. Sufferings caused by anxiety, anorexia, period pain, aids, arthritis, cancer, chronic pain, glaucoma, migraine, muscle spasms and many more may temporarily be treated or moderated by cannabis.
The future looks pretty bright for the cannabis industry based on where the market has been heading in the past few years. It is predicted by the Wall Street crypto traders that the cannabis Industry will grow into a monstrous $75 billion industry by 2030. It might even be bigger than the wine and carbonated beverages industry. The industry is seen as a major breakthrough within the leisure and the pharmaceutical industry.
Cannabis is becoming so acceptable that even some colleges, like the University of California, Irvine, for example, are now offering full semester courses on cannabis and the business that surrounds it. So, cannabis education is on its way to becoming its own specialized sector.
Brewers, pharmaceuticals companies and even vegetable growers are making marijuana a part of their future plans. Many of them are just waiting for cannabis to be legalized at the national level in order to be safe. Furthermore, the future of cannabis agriculture is expected to gravitate toward technology-based systems in the near future. Cannabis firms are expected to get onboard with innovations that take the labor work out of growing weed.
Consequently, the cannabis-related cryptocurrencies have also been flourishing and seeping through the path of decriminalizing cannabis. The crypto market has quite a few remarkable pot coins for investor to consider such as PotCoin (POT) , CannabisCoin (CANN) , HempCoin (THC) etc.
While other sectors remain stagnant, the cannabis and crypto industries are consistently showcasing tremendous growths and are now popular among investors because of the potential they exhibit. So it should be no surprise why both sectors are poised to be worth billions a decade from now.