The advancement of legal cannabis in the United States is taking a long road. With an industry that is required to develop somewhere in the range of 50 and 200 billion dollars in 10 years, the elements of legitimate cannabis are not only limited to their conduct in the market. Progress is being made within the area of age and extraction. The advantages of its legitimation are seen as an option to collect the income. Its medical benefits have changed the balance towards more and more states in the American union legalising the plant.
For this purpose, it is necessary to know which states have legalised and which have not been the plant. However, as The Motley Fool writer Sean Williams sees, it is somewhat complicated. The writer of the digital medium took on the task of adequately delineating which states have entirely or partially legalised marijuana, and which ones maintain legal status criminalising the cultivation, processing and production of cannabis and its derivatives.
Where recreational use is legal and is already for sale:
In the first group, we have states that have legalised recreational cannabis and are selling it. In this section, we can find eight states that lead the progressive wave of legalisation in the United States. In these entities, the recreational consumption of marijuana and its sale in dispensaries is allowed. They also allow the medical use of the drug by doctors who prescribe its use.
The eight states that allow the recreational and medicinal use and sale of marijuana in the United States are: Alaska, California, Colorado, Maine, Massachusetts, Nevada, Oregon and Washington. This is a small sample, compared to the 50 states that concentrate the American union, but together, add up to a total of 67.6 million people, which represents 20.67% of the population of the United States.
As indicated by the last-minute report distributed by Arcview Market Research and BDS Analytics, cited by Williams, called “State of the Legal Cannabis Markets”; Recreational marijuana spending in the United States will exceed 7.3 billion dollars this 2019. In context, that is more than all Canada will sell until 2024, the report said. Of course, you have to take into account that the population of Canada is similar to that of California alone.
The report especially highlights the case of California that this year expects to sell 3.1 billion dollars in recreational marijuana, surpassing the sales of the following in the list by more than triple. Only the states of Colorado and Washington will sell more than $ 1 billion in recreational marijuana sales this year. However, the study also notes that attention should be paid to Nevada, which is expected to have the highest consumption of recreational marijuana per capita by 2024, outpacing the other states.
In eight states of the American Union, the use and marketing of marijuana for recreational and medicinal use is entirely legal.
States in which recreational consumption is legal but not even for sale:
In addition to the eight countries mentioned in the first part of Williams’ article, another three are added, where the consumption of recreational marijuana is legal, but its sale is not yet happening. In this case, three states are mentioned, which have allowed the plant to be consumed recreationally, but without any recreational product being sold, however. In all these states, medicinal use is also legalised.
These states are Illinois, where a law was recently passed that allows recreational product sales to begin on January 1, 2020. Michigan, where voters approved the legalisation of recreational consumption in 2018 and that they hope to start their legal sale at some point in 2020. Finally, the state of Vermont, where voters also decided to legalise their recreational consumption in 2018, but it is still forbidden its sale; This may change soon, as the legislature already works on how to legalise its sale.
Three states have already legalised recreational use, but the regulation of their sale is pending.
Where medicinal use is legal, but recreational use is not
At the other end of cannabis control in the United States, there are those states where recreational use is completely prohibited. However, in this group, we found 22 countries where at least, medicinal use is allowed. Some states have decriminalised its use, more, strictly speaking, it has not been legalised.
In alphabetical order, the Williams article lists the states of the American union where medicinal use is allowed. Still, adult or recreational use is not: Arizona, Connecticut, Arkansas, Delaware, Hawaii, Florida, Louisiana, Maryland, Missouri, Montana, New Jersey, New Hampshire, New York, New Mexico, North Dakota, Oklahoma, Ohio, Pennsylvania, Utah, Rhode Island, and Eastern Virginia.
Williams explains that although earnings from medical cannabis will continue to grow in the United States, the reality is that its growth rate is expected to be lower. This is due to the ease granted by being able to acquire cannabis for recreational use after age 21. This facility eliminates the need to go to a doctor and ask for a prescription to buy marijuana, which significantly facilitates its acquisition.
Florida is a state that the editor points to as one to which we must pay attention, as it is one of the countries where a referendum is likely to be seen in the process of legalisation in 2020. Other states that seek to enter the legalising wave are Arizona, New Jersey, Maryland, Ohio and even Minnesota.
In 22 entities in the United States, the use of medical cannabis is legal, Florida is a candidate to legalise recreational use in 2020.
States where cannabis is completely illegal
At the end of the list, we found 17 states that have not taken steps to legalise transactions of any kind and for any purpose of cannabis. This goes in line with what the Federal Government of the United States has dictated. However, last December, the farm law gives access to these 17 states to cannabidiol (CBD) products that do not have the psychoactive component of marijuana, tetrahydrocannabinol (THC). CBD has primarily medicinal purposes.
The 17 states where marijuana is entirely illegal are the following: Alabama, Idaho, Georgia, Indiana, Kansas, Iowa, Kentucky, Nebraska, Mississippi, South Carolina, North Carolina, South Dakota, Texas, Tennessee, Virginia, Wyoming and Wisconsin. Most of these states are governed by the Republican party, labelled as the conservative party of the United States, reflecting the condition in which these states are currently.