Marijuana legalization is a very sensitive and important issue for most US citizens. And with the presidential election being concluded, it seems like a brighter future is ahead the weed industry under the leadership of Donald Trump.
Over the past years, a series of debates and studies were conducted in order to scrutinize the idea of legalizing the recreational use of cannabis from one state to another. As of the moment only a few states have allowed the recreational use of cannabis, while others may soon follow the steps of Alaska, California, Colorado, Oregon to name a few.
A potential industry growth is expected by many now that Donald Trump is in the White House, in contrast with a much stricter view exercised by the previous administration. Although there is no hundred percent assurance that a national legalization may happen in an instant, users and enthusiasts are hoping for the big change to come. This glimpse of hope came to fore, especially after Trump elicited a positive response concerning the legalization issue of weed.
"In terms of marijuana and legalization, I think that should be a state issue, state-by-state...Don't we agree? I think so. And then I really believe we should leave it up to the states," Trump told The Washington Post.
The legalization of recreational marijuana on a national level could usher a "green rush" in the current US economy. The sales value of some marketable cannabis products such as oils, lotions, edibles and other paraphernalia could have a brighter future if such huge and delicate steps are to be made.
Based on the research conducted by ArcView Group, a cannabis-focused investment and research firm, U.S. sales of legal weed skyrocketed to $5.4 billion in 2015. And such market performance is expected to increase if national legalization of cannabis be pushed and approved during Trump's administration.
However, this might still be far from happening, especially that non-cannabis users and advocates may oppose during the casting of votes of its legalization from one state to another. But still with the business-minded and unorthodox approach of the president-elect Donald Trump, one should expect the unexpected.
Watch here below Marijuana Legalization debate: