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Legalization of weed. A blanket federal legalization of marijuana would help add clarity and allow more marijuana based businesses to access capital and banking goers. But with the 2020 presidential election just months away the future of marijuana legalization will likely rest on the shoulders of whoever is sitting in the oval office come january. Its also a key issue in states that really matter to the 2020 electionincluding.
In 2020 a handful of states will vote on full or partial legalization via referendum including arizona mississippi montana nebraska new. Marijuana business daily pegs annual sales between 850 million and 950 million by 2024 but a successful initiative carries greater significance outside of new jerseys borders. An aclu report analyzing marijuana related arrests from 2010 to 2018 found that black people were 364 times more likely than white people to be arrested for marijuana possession.
Full 2020 election results voting in 2020. In november 2019 a pew research study revealed that nine out of ten americans favor legalization of either medical or adult use marijuana with support for cannabis legalization crossing party lines. Moving into 2020 a group called make it legal florida is working to add a full scale marijuana legalization measure to this years ballot.
Candidates supporting legalization argue that criminal penalties for marijuana possession have created far more harm than would come from treating it more like alcohol or tobacco.
U S Cannabis Legalization Here S Why A Record Number Of States Could Legalize Marijuana In 2021 The Cannabis Investor Legalization Of Weed
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