Cannabis economics

Cannabis economics refers to the study of the financial aspects surrounding the cultivation, production, distribution, and sale of cannabis. It includes analyzing market trends, pricing, taxation, and the impact of regulations on the industry. As more regions legalize cannabis, it creates economic opportunities such as job creation and increased tax revenue. However, it also faces challenges like competition, fluctuating demand, and the influence of illicit markets. Understanding cannabis economics helps stakeholders make informed decisions regarding investments, business operations, and policy-making in this evolving sector.