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" ... All but two—Vermont and Illinois—have legalized cannabis via the voter-initiative process. And that direct democracy institution does not exist in New York. ... "
" ... California and Massachusetts legalized recreational cannabis. Florida (finally) legalized medical marijuana. Only in Arizona was an Adelson-backed effort to defeat legalization successful. Like in Florida, Adelson won only a brief delay. ... "
" ... Hemp, legalized a mere two years ago, is already one of America’s top ten agricultural crops. Its best-known product, CBD, is a $2 billion industry: Its medical applications are booming; food products also promise to be huge. And the potential for industrial hemp, meanwhile, remains wide open. So why is hemp struggling so hard? ... "
" ... I’m fascinated by entrepreneurs who break into unique spaces where a baseline for success doesn’t exist. While only legalized in 2018, the CBD industry is projected to hit more than $20 billion in sales by 2024. Although recreational cannabis use remains illegal in many states, hemp and CBD companies are establishing their brands as a natural method for gaining relaxation and calming anxiety - two efforts needed more than ever in 2021. ... "
" ... So here we are. New Jersey is one of the fifteen US states where either voters or state lawmakers have legalized cannabis. But not marijuana—and not at all until state lawmakers and Gov. Murphy, who promised to legalize within his first 100 days in office, can figure this out. ... "