What are some of the markets that benefit from weed legalization? The possibilities are endless.
So far, only eight states have legal recreational weed. Alongside states where buying bud might still be calling that sketchy guy on his burner phone, legal markets cause illegal market demand to thrive.
For instance, in 2017 California’s Department of Food and Agriculture claimed the state produced 13.5 million pounds of marijuana, but Californians only enjoyed 2.5 million pounds of that yield.
Legal recreational marijuana in all 50 states might offer the control to regulate across the country.
Weed legalization doesn’t just affect the people who are in the industry.
Sure, growers, sellers and consumers may seem like the primary beneficiaries of the ban being lifted, but there are plenty of other markets that benefit from weed legalization. And if federal prohibition becomes a thing of the past, the possibilities are endless.
Legal bud from sea to shining sea? Fingers crossed.
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