11 Markets That Benefit From Weed Legalization

What are some of the markets that benefit from weed legalization? The possibilities are endless.

January 31, 2018

9. Prescription Drugs

Even better, legalized marijuana helps to reduce prescription drug use. Studies show states with legal bud saw Medicare prescription reduction for drugs used to help conditions treatable by marijuana.

These same states also observed declines in Medicare Part D spending, which covers medications like opioid painkillers or antidepressants.

Author

Callie Barrons

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The growth of the past year was driven largely by young Midwestern states.

Sales of licensed weed in Arizona have exceeded $1 billion per year over the last three years.

Sales of legal weed in the United States are expected to top $31 billion this year, according to a new economic projection.

The payment platform, Stripe, claims cannabis journalism “violates its terms of sale,” while continuing to support cannabis and paraphernalia sales.

After a Massachusetts-based cannabis lawsuit was dismissed in January, the companies decided to introduce a new court filing.

Global cannabis powerhouse Curaleaf is leaving Maine’s recreational cannabis market as it continues efforts to improve the company’s profitability.

The Business Research Company’s latest report of the global hemp market shows endless potential for the hemp fiber sector.

Wana Brands will launch in Europe through a partnership with the Alpen Group, a vertically integrated cannabis company in Switzerland.