The 3 Most Likely Scenarios for Marijuana With Jeff Sessions as Attorney General
With the exception of 1996, when California first legalized medical cannabis, or 2012, when Colorado and Washington became the first states to legalize recreational pot, 2016 was probably marijuana's best year ever.
When 2016 began, medical marijuana was legal in 23 states, and recreational weed could be purchased legally by adults 21 and up in four states. By year's end, 28 states had legalized medicinal cannabis (two of which did so entirely through the legislative process), while the number of recreation-legal states had doubled to eight. Among those was California, which on its own is one of the largest economies in the world. Once the recreational business is ramped up, California is expected to generate $1 billion or more in added annual tax and licensing revenue from marijuana.
Changing perceptions of pot among the public is a big reason marijuana has flourished in recent years. Gallup, which conducts somewhat regular...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
Follow us on Instagram
Connect with us on Linkedin