Jay-Z told the
WSJ, “It’s really unbelievable how that can happen…we were the ones most negatively affected by the war on drugs, and America has turned around and created a business from it that’s worth billions.” Jay-Z is certainly right about the massive shift when it comes to cannabis as a business.
The WSJ reports that since California legalized medical marijuana 25 years ago, “cannabis has grown into a $20 billion legal business in the country that could surpass the $70 billion market for U.S. wine by 2030, according to an estimate by the New York investment bank Cowen & Co.”
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