Wave of cannabis legalization in 2021

Added on 01 July 2020

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The coronavirus pandemic has slowed a number of states' efforts to legalize recreational cannabis, at least in the near term. However, it could have the opposite effect in 2021.

Photo Courtesy of Greenhouse Grower

In an article on Barrons.com, Barron's report Connor Smith says as many as 16 states had initially planned to include cannabis legalization issues on their ballots for the fall 2020 election. COVID-19 may have slowed that down this year, but with many states facing budget shortfalls thanks to major shutdowns in the spring, the potential tax revenues from legal cannabis could make it a major focus in 2021.

Source: Greenhouse Grower