In terms of its size, value and general popularity, America’s legal cannabis industry is setting new records on a daily basis. 11 states and the District of Columbia have so far legalized recreational cannabis, while 33 states plus DC now permit the use of medical marijuana.
But how much do you really know about cannabis in the United States?
Whether new to cannabis culture or a seasoned connoisseur, you might find a few of the following statistics more than a little eye opening:
1 – The Cannabis Black Market is Still Worth $70 Billion
First up, lawmakers across the United States continue to struggle with a thriving cannabis black market. In fact, it’s estimated that around 80% of all cannabis sold in California is technically illegal. Excessive taxation and elevated prices drive sales of black market cannabis across the United States – even in regions where recreational cannabis is legal. An important wakeup call for policymakers – some of whom seem insistent on making cannabis prohibitively expensive for the masses.
2 – Support for Legalization Has Now Reached 62%
A survey carried out late last year suggests that a significant majority of Americans would like to see cannabis legalized.