The United States economy is one of the very prominent and useful performing economies of the world. But amid the global slowdown, this strong economy has also been showing signs of deceleration, and adding to its troubles has been the trade war with China that has now lasted for over 15 months.
There's a lot of buzz for a recession coming to the world and possibly even more significant than 2009 one, which will hugely affect the world economy, and all the economies of the world will be facing a slowdown, and the United States cannot battle the recession in its current state. There is one ray of hope for the United States economy that could bring back the economy to being the strong and influential one that it has always been. This is the legalization of the cannabis industry all over the United States. The legalization of Cannabis will provide new jobs to the economy. It will create new cash flow and bring in new investments to the economy that will give a massive boost to the economy that will be needed as the nation is battling from the after-effects of the trade war with China and the ongoing global economic slowdown.
The legalization of the cannabis industry will do 743,000 new jobs in the United States, which will give a considerable growth boost that is required to support the economy through the so-called coming recession of 2020. Good growth will be recorded as the industry will be a new emerging one, and people would want to invest in it.
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