Legalization 2020: We Voted, We Won

Our Voice 1 mins

new legal states blog

The United States has come a long way since 1996 when medical marijuana first became legal in the state of California, followed by Washington and Colorado pushing the trend forward in 2012 with the legalization of marijuana for recreational use.

On November 4, five more states joined the ranks of cannabis legalization, specifically, Arizona, New Jersey, Montana, and South Dakota, which all allow recreational cannabis possession and sales; and lastly, Mississippi, which voted for the approval of marijuana for medical use.

When considering states that have decriminalized or legalized cannabis for medical or recreational use, only four states maintain cannabis as a prohibited substance.

And with a total of 35 states currently cleared for the use of legalized medical cannabis – 15 of which are for recreational purposes – there is good reason to anticipate significant expansion into new markets in 2021 for plant-touching and ancillary businesses.

Interested discovering business and investment opportunities in cannabis? For a free consultation, contact us at [email protected] or click here.