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Home 🌿 Recreational Marijuana News 🌿 This Correlation Between Legal Medical Marijuana States and Traffic Fatalities Is Shocking 🌿

This Correlation Between Legal Medical Marijuana States and Traffic Fatalities Is Shocking

Submitted by Marijuana News on Sun, 01/08/2017 - 15:54

Marijuana had an incredible 2016, and the fast-growing pot industry is looking to continue building on that momentum in 2017.

After beginning 2016 with cannabis legal in 23 states for medical purposes, and four states for adult use, the year closed with 28 states having legalized medical marijuana and residents in eight states having legalized recreational weed. Most notably, legislatures in Pennsylvania and Ohio passed medical marijuana laws without bringing votes to the people, while residents in California overwhelmingly passed Prop 64 (recreational legalization), which could add $1 billion, or more, in annual tax and licensing revenue to the state.

The dollar figures surrounding the legal pot industry are truly mind-blowing. Cannabis research firm ArcView has predicted that legal marijuana sales could grow by 30% annually through the remainder of this decade, while investment firm Cowen & Co. went a step further and forecast legal sales growth from $6 billion...

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