Report predicts 18 states will legalize pot by 2020
Whether that pans out depends on Colorado, cash and the federal government
Time (US)
Monday, January 26, 2015
Monday, January 26, 2015
A new report predicts that 18 U.S. states will have legalized recreational marijuana in the next five years, a huge increase from the four states that currently have or are in the process of creating legal markets for pot. The report from ArcView Market Research, a firm that pairs investors with marijuana-related businesses, was sponsored by marijuana-industry groups and has a prolegalization tone. But their prediction is not simply self-serving optimism. (See also: The conference where guys in suits pitch marijuana start-ups to other guys in suits)
