LEGALIZATION
Medical Cannabis Growers: Caught in the Red Tape and Waiting for the Harvest of Profits
SCIENCE
Utah’s Innovative Step Forward: A Closer Look at Medical Cannabis
Health
Study Reveals Marijuana and Opioids Equally Effective in Pain Relief, Cannabis Offers Additional Holistic Health Benefits
LIFESTYLE
Breaking New Ground: Bellarmine University Launches Innovative Cannabis Education Certificate Program
Stock Market
5 Cannabis Stocks to Watch: A Deep Dive into the Budding Industry
CANNABIS INDUSTRY
Grenada’s Green Revolution: Moving Ahead with Plans to Develop Cannabis Industry
States that have legalized marijuana for adults ages 21 and older
(updated March 2023) It is legal to buy and consume recreational and medical marijuana in Alaska, Arizona, California, Colorado, Connecticut, Illinois, Maine, Massachusetts, Michigan, Montana, New Mexico, New Jersey, New York, Nevada, Oregon, Rhode Island, Virginia, Vermont, and Washington and Washington, D.C. For an in-depth look at state-by-state cannabis policies, click here.
Recreational and Medical use
Medical use only
Key Facts
11 states have legalized medical and recreational marijuana.
Adults 21 years of age or older can purchase and legally possess up to 1 ounce of marijuana but cannot consume “openly and publicly“.
$290 per ounce is the average price of high-quality marijuana in states where marijuana is legal.
By 2025, the cannabis industry could generate $132 billion in federal tax revenue if it’s legalized in all 50 states.
Chart of the Week: Marijuana Market Share
The pie chart below shows the market share of marijuana sales in 2017. The data includes sales of recreational, medicinal and cannabis-related products sold in regulated markets during 2017. It’s worth mentioning that California is the most populous state in the nation.
Data source: Public Policy Institute of California, BDS Analytics, Statista