55°
Baton Rouge, Louisiana
7 Day Forecast
Follow our weather team on social media

Legal marijuana industry had banner year in 2018

2 years 3 months 3 weeks ago Thursday, December 27 2018 Dec 27, 2018 December 27, 2018 8:04 AM December 27, 2018 in News
Source: Associated Press

PORTLAND, Ore. (AP) - The legal marijuana industry exploded in 2018, pushing its way further into the cultural and financial mainstream in the U.S. and beyond.

California became America's largest legal marketplace, while Canada became the second and largest country with nationwide legal recreational marijuana. And Mexico's Supreme Court set the stage for that country to follow, while governors in New York and New Jersey say they want broad legalization in their states next year.

Overall, nearly two-thirds of U.S. states now have legalized some form of medical marijuana. Investors have taken note and poured billions into cannabis ventures.

Oregon Congressman Earl Blumenauer, who has pushed for legalization for decades, says 2018 was the year the movement crested. He's hopeful 2019 will bring progress on efforts to end the federal marijuana ban.

More News

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
Radar
7 Days