IoT Applications aids the Cannabis Tech
In the United States of America, cannabis sales are legal. Given that this might be surprising to a few people, but the truth is unchangeable. In the year 2018, according to statistics, the legalized sales of cannabis hit around $10B.
By the looks of it, most of the states of America are decriminalizing or legalizing the use of medicinal or recreational marijuana every year. It is estimated that is the continuous burst in popularity of the cannabis market, by the time the world progresses towards the year 2023, the cannabis sales with the help of the Internet of Things. And this also shows that twice the market growth, i.e., around $20 Billion. On the other hand, the market is going to get double in terms of five years.
There is a surprising boom in the marijuana market. The new tech called “cannatech” which came to life with the help of the Internet of Things is the next big thing as far as cannabis sales are considered. By the looks of it, the cannabis market is the ultimate ecosystem for introducing the top-notch cutting edge tech, most importantly when it comes to the business aspect of the market along with agricultural market is considered.
In most of the states around the United States, the residents are owning and growing the cannabis plants on their own. And these people have been reported to curate excellent versions of tuning tech to maintain the growth of their plants.
On the other hand, the large-scale operations have been steadfast to meet up with the demand of the people. And this is the only reason as to why there is an urgent requirement to improve and introduce tech for enhancing the output of the crops. There are new medicinal and recreational crops for people who do not prefer growing their flowers.
**This post was published on https://www.iotforall.com
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