Ross Lipson, the CEO and co-founder at Dutchie, an online cannabis marketplace, wrote about how cannabis defined 2020 and at the same time mentioned really cool highlights.
By 2021, the legal industry is expected to be worth $24.5 billion.
A record-high percentage of Americans now support cannabis legalization.
cannabis was one of the biggest winners on Election Day, with legalization passing in Arizona, Montana, Missouri, New Jersey and South Dakota.
over 111 million people — now live in a state with legal recreational cannabis.
Legal cannabis sales reached nearly $20 billion in 2020.
The legal cannabis market supports 243,700 full-time-equivalent American jobs.
With its new legalization measure, Arizona will issue a 16% tax on cannabis sales that will go toward community colleges, police, fire departments and public health programs. (I talked about this in another Cannanews)
Thanks to Covid dispensaries shifted to e-commerce and digital payment solutions and online sales probably reached $794.5 billion by the end of the year.
Those are the good news we need to start 2021. Let's celebrate! Grab your blunt, bong, pen or whatever you want, I am getting high with my SLASH because cannabis journey is still in its infancy and the potential is endless.