Why We Might See a Wave of Cannabis Legalization in 2021

The coronavirus pandemic has slowed a number of states’ efforts to legalize recreational cannabis, at least in the near term. However, it could have the opposite effect in 2021.

In an article on Barrons.com, Barron’s report Connor Smith says as many as 16 states had initially planned to include cannabis legalization issues on their ballots for the fall 2020 election. COVID-19 may have slowed that down this year, but with many states facing budget shortfalls thanks to major shutdowns in the spring, the potential tax revenues from legal cannabis could make it a major focus in 2021.

Learn more in the Barrons.com article here.