North America in its present is the future for the rest of the world already. In many ways, we’re offering a glimpse into what the future will hold for the rest of the world. But while the world catches up, the cannabis market in the US will continue to evolve.
The Groww team's prediction is that it is likely that the use and regulation of cannabis will continue to evolve over time. Some possible developments that could occur in the next 30 years include:
- Increased legalization of cannabis for medical and recreational use in more countries around the world.
- Continued research into the medical benefits of cannabis, leading to the development of new treatments and therapies using cannabis-derived compounds.
- The emergence of new technologies for growing, processing, and distributing cannabis, which could improve the efficiency and safety of the industry.
- Changes in the way that cannabis is taxed and regulated, with a focus on public health and safety rather than criminalization.
Overall, it is likely that the cannabis industry will become more mainstream and regulated in the coming years, with a greater emphasis on responsible use and the responsible production and distribution of cannabis products.