2021 is shaping up to be a record year for legislative-driven recreational marijuana legalization – and cannabis industry executives and advocates have lawmakers and governors in four states to thank for that.
The MJBizFactbook projects those four markets – Connecticut, New Mexico, New York and Virginia – together will generate more than $4.5 billion in annual sales by their fourth year of operation.
In addition, $500 million in annual medical marijuana sales are expected to be produced over time through MMJ legalization this year in the Deep South state of Alabama – again thanks to lawmakers and the governor.
This year’s adult-use victories represent a record number of legislative wins for recreational marijuana advocates.
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