The analysis reported, “Between April 2017 and April 2021, property values rose $17,113 more in states where recreational marijuana is legal, compared to states where marijuana is illegal or limited to medicinal use.”
Sales of adult-use cannabis products in Illinois rose over 20 percent in July to reach a record high.
“[L]egalization in Colorado is associated with an increase of nearly 51,000 hotel rooms rented per month [and] once commercial sale is permitted, there is an increase of almost 120,000 room rentals per month.”
“If cannabis industry jobs were tallied like other jobs, legal cannabis would be acknowledged as the fastest growing industry in America.”
The state-licensed cannabis industry gained over 64,000 new employees in 2018, and now employs over 200,000 full-time workers, according to data compiled by Whitney Economics and the online content provider Leafly.com.
WhiteHouse.gov is once again asking the public to pose questions directly to President Obama via its ‘Open For Questions’ service. The topic of this week’s forum is the national economy, and not surprisingly, many of you have already put forward questions to the President regarding the taxation and regulation of cannabis.