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You are here: Home / Legal / New Report Predicts 18 States Will Legalize Pot By 2020

New Report Predicts 18 States Will Legalize Pot By 2020

February 10, 2015 by MJ News Network 3 Comments

By Katy Steinmetz, TIME

A new report predicts that 18 U.S. states will have legalized recreational marijuana in the next five years, a huge increase from the four states that currently have or are in the process of creating legal markets for pot.

The report, set to be released in February from ArcView Market Research, a firm that pairs investors with marijuana-related businesses, was sponsored by marijuana industry groups and has a pro-legalization tone. But their prediction is not simply self-serving optimism. The map below shows the states where ArcView’s researchers believe recreational pot shops will open their doors:arcview chart

The map has a lot of overlap with the places where the Marijuana Policy Project, the group that helped launch legal weed in Colorado, already has workers on the ground in preparation for legalization votes over the next two years. Yet MPP is a bit more cautious in its outlook: the group believes 12 states could join Colorado, Washington, Oregon and Alaska in allowing recreational pot by 2017. Unlike ArcView (whose executive director sits on MPP’s board), they’re not banking on legalization taking root in Montana, New Jersey or Connecticut over the next few years, according to spokesperson Morgan Fox. He says they’re concentrating current efforts in Arizona, California, Maine, Massachusetts, and Nevada. They see Texas — yes, Texas — as an outside possibility.

 

Read full article @ Fortune

Filed Under: Legal, Recreational Tagged With: ArcView Group, changing attitudes, end failed war on drugs, legalization, Marijuana Policy Project, politics of pot

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Comments

  1. Faye Daniels says

    February 12, 2015 at 12:12 PM

    I’m 72, don’t care about smoking pot, but if others wish to that’s their choice; after all, I enjoy a glass of wine. I have taken Manitoba Harvest Hemp Foods hemp oil every day for good health and want the opportunity to take cannabis oil high in CBD for optimal health. It took an inner ear virus three years ago leaving me with dizziness and balance issues to start my researching. I am a believer and supporter; just do your own researching. I have told all my doctors/specialist that if they tell me that I have cancer, I will go to the nearest state where it is legal for my treatment of choice.

    Reply

Trackbacks

  1. Dixie Elixirs To Expand Its Brand To California | Marijuana Drug Facts says:
    June 17, 2015 at 12:11 AM

    […] Recreational marijuana is not yet legal in California, so the edibles being offered will cater only to medical marijuana patients. Dixie offers both recreational and medical edibles products in Colorado. […]

    Reply
  2. Investors Should Be Encouraged by 3 New Marijuana Statistics From The “Greenest” State says:
    April 25, 2016 at 3:19 PM

    […] may be at hand for investors. Marijuana is among the fastest-growing industries in the U.S., with ArcView Market Research expecting the industry to grow at a brisk compounded annual rate of 30% between 2016 and 2020, […]

    Reply

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