It’s 2021. Of the 50 states in the country, 48 have legalized marijuana for medical use, and 15 for recreational use. A whopping 91% of Americans believe it should be legal for either medical or recreational use. The medical marijuana industry alone is projected to be worth up to $66.3 billion by 2025. Despite these numbers, the substance is still considered illegal on a federal level. What does federal marijuana legislation look like in 2021 and how will it push the industry toward new innovation? A federal marijuana timeline? ‘Soon’ Sources close to President Joe Biden believe that he’s in favor of federal marijuana decriminalization, if not legalization, but he hasn’t said either in so many words.
420 Intel – Marijuana Industry News, 05/24/2021 20:00:00