Marijuana in the US: business booming, attitudes changing
The marijuana business is booming in the US, with projected legal sales expected to be up more than a billion dollars in 2016 compared to 2015, when the legal market was worth $6.7 billion in sales.
What’s more, over half of Americans now say they support the legalisation of cannabis, according to a Pew Research Center study.
Marijuana is authorised, in one form or another, across 38 states and the District of Columbia. That means 86 percent of Americans now live in a state where the use of legal marijuana is permitted to some degree.
So, just how has the decriminalisation of marijuana impacted on those areas?
High profits
Total legal sales of marijuana nationwide grew from $4.6 billion in 2014 to $5.4 billion in 2015. That figure is expected to climb again in 2016, to an estimated $6.7 billion.
Market sales in marijuana for ‘adult use’ (where people...
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