Marijuana is on the Ballot this November More states are becoming g a part of the "Brotherhood." Get Out and Vote! Sales may top 100 Billion

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More states are becoming a part of the “Brotherhood.”

Forecasts for legal marijuana sales may top 100 Billion in the U.S. and over a Trillion globally over the next five years or so. These are massive numbers, and the fact is, we are just in the beginning stages of growth in the U.S. with 11 states that have already passed legal recreational marijuana.

In the 2020 election, five states have some form of “legalized” marijuana on the ballots. Mississippi in the deep south is moving towards the medical use of marijuana, finally, and everyone knows after this occurs, it is only a matter of time before recreational use will be passed. New Jersey, Arizona, Montana, and South Dakota all have “lawful marijuana” inquires, voter options, or actual legalization issues in some combination this election cycle.

The reality is, the state populations want it, and frankly, more politicians do as well. Regardless of what they say, the tax revenue a state receives from legal recreational marijuana sales is massive, and politicians love money. 

Trump has stated the issue should be handled at the state level, and each should pass it if that is what the population of the state desires. Will he stay with this commitment? Odds are yes because legalization on a state level yields tax revenue for the state and helps eliminate more funding from the Federal budget for anything a state may want to achieve. Plus, it was Trump that opened up the “Hemp” business and CBD as well. 

Marijuana is on Ballot this November

Marijuana is on Ballot this November Get Out and Vote!

Biden wins, or Democrats take control of Congress, it will not be an issue either, as more states will pass recreational marijuana use in time. One issue will be decriminalizing marijuana use on a Federal level, and most certainly, this might happen a bit faster under the Democrats. Trump may or may not desire to have the Federal law changed, but it really does not matter. As a political “hot potato” issue, odds are he will continue to just push it as a state issue, and the end result of legal marijuana use in states will continue to increase. Just passing the “buck” a bit, but eventually, the Federal law will be changed anyway after a longer period of time and population acceptance of the issue.

For now, at least five more states are tackling the issue and working diligently towards joining the “brotherhood” of legalizing the use of marijuana in some manner. In the end, that is what is most important, and there will be several other states focusing on the issue in the near future as well. The “old thinking” is going up in smoke, which is a good thing for enthusiasts everywhere.

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