Making economic predictions is quite difficult, especially when it comes to the cannabis industry. Even the slightest change in local of federal policies may cause significant changes in the industry in the long term. However, economists and analysts keep trying to understand how the booming marijuana business may look in a few years. The latest attempt was made by New Frontier Data, a Washington D.C.-based research company that focuses on the cannabis industry analysis.
Colorado Department of Public Health and Environment has announced it will spend $2.35 million on funding seven separate studies that will become a part of Colorado's Retail Marijuana Health Monitoring Program. The main goal of the program is to examine the impacts of the recreational marijuana legalization on different areas of Coloradoans' lives.
Recently, researchers at John Hopkins and Temple University revealed their work on the influence of medical marijuana laws on the labor supply. According to their study, the legalization of cannabis leads to a significant boost in workforce participation among senior people.
If voters support initiatives legalizing recreational marijuana in five American states and medical marijuana in Montana and Florida, those states will receive a $7.8 billion revenue from the legal weed market by 2020, the latest report suggests.
71% of Californians age going to say yes to the marijuana initiative at the ballot box in November, according to the latest statewide poll conducted by the CALSPEAKS Opinion Research Center at Sacramento State.
The latest statewide poll reveals that Floridians are likely to support the medical marijuana initiative at the ballot box in November. 70% of respondents surveyed by the Public Policy Polling backed Amendment 2 that expands the access to medical cannabis for patients with debilitating conditions.
The highest concentration of Americans who smoke cannabis can be found in Bay Area, San Francisco, according to a new report published by the Substance Abuse and Mental Health Services Administration (SAMHSA).
Although marijuana has already been legalized in 25 American states and D.C., women are more suspicious about buying legal cannabis than men. According to a recent report made by Headset, there are only 31.1% of women among marijuana consumers versus 68.9% of men.
The state legislature has agreed to invest $2.4 million generated from marijuana sales taxes in conducting cannabis-related studies. Currently, the Colorado Health Department is looking for researchers to help study cannabis for medical use.
If the proposal of hemp cultivation for scientific purposes is authorized in the near future, researchers in North Carolina will get the opportunity to study the marketing potential of industrial hemp.
Marijuana remains illegal in most European countries (with a notable exception of the Netherlands). While Europe is perceived as “soft on drugs,” only some EU countries pursue the policy of decriminalization of marijuana. This fact, however, does not stop Europeans from using cannabis anyway.
Positive human rights obligations are an essential part of the process of cannabis legalization. Usually, the debates over this issue center on a certain set of obligations such as protecting citizens, stopping criminal activity, and keeping the public healthy.