Several states could legalize cannabis sales in 2020 as marijuana industry eyes lucrative East Coast market
Here are three factors to keep in mind as states address either recreational or medical legalization this year:
Here are three factors to keep in mind as states address either recreational or medical legalization this year:
South Dakota won't be alone come November
Although South Dakota will offer the most original marijuana vote to date, it's certainly not going to be the only state with major cannabis implications.
A number of states aim to legalize adult-use cannabis in 2020
However, this hasn't stopped individual states from legalizing cannabis in some capacity over the past 23 years. Beginning with California in 1996, a grand total of 33 states have legalized medical marijuana. Of these 33 states, 11 have passed legislation allowing for the legal consumption and/or sale of recreational weed. And this could be just the beginning.
The numbers 11 and 33 come up quite often when the topic of marijuana legalization is discussed. Currently, 11 U.S. states allow the legal use of recreational marijuana, while 33 states have legalized medical cannabis. But those numbers could soon change.
Nine states could be on track to hold key votes on some form of marijuana legalization in 2020. Here are the states that could be next on the marijuana map -- and the stocks that could be poised to profit the most.
get your FL Office of Medical Marijuana Use card!
get your MD Medical Cannabis Commission card!