Could COVID-19 Be the Catalyst for the Federal Government to Legalize Marijuana?
Attitudes are changing on cannabis, and as more states legalize marijuana, whether for medical or recreational purposes, it's clear that it's not a matter of if marijuana will be legalized in the U.S., only when. And while COVID-19 may stall the progress that individual states have been making on legalizing pot, the pandemic could help push forward the prospect of legalizing pot federally. Here's why legalization could take place sooner than expected:
According to data as of May 14, as many as 36.5 million people in the U.S. have applied for unemployment benefits over the past two months. The COVID-19 pandemic has hit many industries hard and while many employees will go back to work, some jobs will be lost forever. And the longer it takes for people to find jobs again, the longer it will take for the economy to get back to where it was before the pandemic hit. That's where legalizing marijuana could give the economy a shot in the arm to get it going again.
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Source Fool.com