Love it or hate it, marijuana is a blooming industry in both the U.S. and Canada. The Canadian Senate is on track to vote on a bill to authorize legal use of recreational marijuana by June 7. Following assumed passage of the bill, Canada would be the second country to have nationwide legalization of marijuana, after Uruguay, according to The Associated Press.
Additionally, the total economic output from legal marijuana in the U.S. will grow 150 percent from $16 billion in 2017 to $40 billion by 2021, per a report from Arcview Market Research, in partnership with BDS Analytics. With numbers like those, the marijuana market is ripe with opportunity for HVAC contractors.