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Nevada's Recreational Marijuana Industry Is in Complete Disarray


Nevada's Recreational Marijuana Industry Is in Complete Disarray

In many respects, the marijuana industry has been practically unstoppable. As we stand today, 29 states have legalized medical cannabis since 1996, and voters in eight states have approved the sale of cannabis for recreational use to adults over the age of 21 since 2012. With the exception of voters in Arizona, who voted against a recreational legalization proposition in November, the most recent election cycle would have been a "green" sweep at the polls.

Expansion efforts have derived from a major shift in how the public views weed. During the 1980s and 1990s, when the war on drugs was in full swing, somewhere around a quarter of respondents to Gallup's sporadic surveys wanted marijuana to be legal across the country. However, Gallup's 2016 survey showed that an all-time record 60% of respondents want pot legalized nationally. A separate study from Quinnipiac University found that nearly 19 out of 20 people want medical cannabis to be federally legalized. 

Image source: Getty Images.

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Source: Fool.com

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