The Rising Tide of Legalization: May 14, 2020
The "rising tide of legalization" around cannabis has produced the fastest growing industry in the United States, created hundreds of thousands of American jobs, and generated significant tax revenue for state governments. In this time of uncertainty, we anticipate the benefits of legalization will be illuminated in states that are able to battle unemployment and budget shortfalls with jobs and revenues created by the cannabis industry. Cannabis employees are in high demand during economic crash: Despite the economic hardship caused by the pandemic, cannabis companies in a half-dozen U.S. states are hiring thousands of workers. The cannabis industry is playing a pivotal role in the American economy as it is one of the few industries providing jobs and needed services right now, alongside groceries and medical care.