Cannabis news is always a hot topic. As more and more states legalize the use of marijuana for both medicinal and recreational purposes, the cannabis industry is booming. From new laws to groundbreaking research, here are the latest cannabis news stories you need to know.
1. New Jersey Legalizes Recreational Cannabis
In November 2020, New Jersey became the 12th state to legalize recreational cannabis use. Adults over the age of 21 can now possess and use up to six ounces of marijuana, and the state plans to establish a regulated market for cannabis sales.
2. Marijuana Sales Reach New Heights
Despite the challenges posed by the COVID-19 pandemic, the legal cannabis industry has seen record sales in 2020. According to a report by BDSA, a leading cannabis market research firm, the global cannabis market is expected to reach $47 billion by 2025.
3. Research Shows Cannabis May Help Treat COVID-19
A recent study published in the journal Brain, Behavior, and Immunity suggests that certain compounds in cannabis could help reduce inflammation in the lungs, which could be beneficial in the treatment of COVID-19. While more research is needed, this news has sparked interest in the potential medical uses of cannabis.
4. South Dakota Legalizes Medical and Recreational Cannabis
In November 2020, South Dakota made history as the first state to legalize both medical and recreational cannabis at the same time. The state’s medical marijuana program is expected to be up and running by November 2021, with the recreational market to follow in 2022.
5. Cannabis Industry Continues to Create Jobs
The cannabis industry has been a bright spot in the job market, with many new jobs created in cultivation, processing, and sales. According to a report by Leafly, the legal cannabis industry created 77,000 new jobs in 2020, bringing the total number of jobs in the industry to 321,000.
In conclusion, cannabis news is constantly evolving, with new developments and breakthroughs happening all the time. From the legalization of cannabis in new states to groundbreaking medical research, the cannabis industry is booming and shows no signs of slowing down. Whether you’re a cannabis enthusiast or simply interested in staying up-to-date on the latest news, be sure to keep an eye on this exciting industry in the coming months and years.