![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Monday, December 20, 2021 11:05:10 AM
Dec 20, 2021,
States Pursuing Legalization In 2022 Should Look At Established Cannabis Markets For Lessons In Successful Regulation.
Lewis Koski
Lewis KoskiContributor
Markets
I write about cannabis policy’s impact on government and business.
Follow
The recent introduction of the States Reform Act by Republican Congresswoman Nancy Mace - which seeks to end the federal prohibition on cannabis - demonstrates the growing support for cannabis legalization. As this movement gains steam at both the federal and state levels, many states are set to consider ballot measures next year that address the legal status of the substance. While this is a necessary first step, these states should look to established cannabis markets for lessons in successful regulation.
Currently, cannabis is legal in some form in 18 states plus D.C. and decriminalized in an additional 13. In 2022, states including Arkansas, Florida, Idaho, Mississippi, Missouri, Nevada, North Dakota, Ohio, and Maryland will all actively consider ballot measures on legalization.
It’s not surprising that so many states are considering legalizing cannabis, given that most Americans support this initiative. And in states where legalization has already gone into effect, surveys show that Americans overwhelmingly view the implementation of legal markets in their states as a success.
It’s clear the national opinion towards cannabis has shifted dramatically over the past couple of decades, and many have realized that reforming the laws governing the substance and its use woul
Duane Forrester Joins INDEXR as SVP of Search • MONI • Jul 31, 2024 11:46 AM
Lingerie Fighting Championships Help Fulfill Death-Bed Promise With First Major Motion Picture • BOTY • Jul 31, 2024 9:00 AM
Kona Gold Beverage Significantly Reduces Debt from Multiple Holders • KGKG • Jul 31, 2024 9:00 AM
Avant Technologies Opens Equity Line with GHS Investments as Company Explores Expansion into Additional Technologies • AVAI • Jul 30, 2024 8:00 AM
ELEMENT79 GOLD CORP PROVIDES UPDATE ON CHACHAS COMMUNITY CHARTER AND REVENUE GENERATION, M&A ACTIVITIES • ELMGF • Jul 30, 2024 8:00 AM
INDEXR AI Merges With Moon Equity Holdings Corp. (MONI), Creating a Leading-edge Technology Company • MONI • Jul 29, 2024 9:59 AM