Gearing up for legal cannabis

Tobacco Journal International May 2024

Dried cannabis on gavel standThe legal recreational use of cannabis for smoking, eating and drinking has skyrocketed in  the United States in the more than 10 years since the state of Colorado became the first US jurisdiction to legalise the plant for adult recreational consumers in January 2014.1 As of 29 February 2024, some 38 states have legalised the use of marijuana for medicinal purposes and 24 of these (plus the federal District of Columbia) also allow recreational consumption. More states are expected to follow suit this year, with liberalisation proposals under consideration in Florida, Hawaii, South Dakota and New Hampshire.
As a result, analysts from Germany-based statistical analysis service Statista said annual American sales of legal, regulated cannabis products have already exceeded USD
30 billion. Continue reading