Legal Marijuana Set to Pump $44 Billion into the U.S. Economy by 2020
The genie’s out of the bottle, half the country has legalized medical marijuana and an increasing number of states are legalizing recreational. Anyone who tries to stand in its way is going to have a hard time.
Although marijuana is considered a Schedule 1 drug with no medical value under the Controlled Substances Act, 28 U.S. states have legalized marijuana for medical purposes, while eight states have legalized marijuana for recreational purposes. According to the latest research by GreenWave Advisors, medical marijuana or recreational marijuana could be legal in all 50 states and Washington D.C. by 2021.
— ATTN: (@attn) 9. kolovoza 2016.
The projections, says the report, reflect marijuana’s march towards the mainstream as it emerges from the shadows to become “a respectable, above-board industry that is giving birth to scores of jobs, fostering new business opportunities and creating a broad ripple effect across the country”. Walsh added:
“We’re witnessing the emergence of a business that is about to become a massive economic force. These figures, which we deem conservative, show not only how important the industry already is to the U.S economy at large, but also how much more important it is about to become.”
— MPP Marijuana Policy (@MarijuanaPolicy) 19. listopada 2016.
This article (Legal Marijuana Set to Pump $44 Billion into the U.S. Economy by 2020) is a free and open source. You have permission to republish this article under a Creative Commons license with attribution to the author and AnonHQ.com.